we know that
The formula of simple interest is equal to
In this problem
we have
I=$170
P=$8,500
r=4%=4/100=0.04
t=?
substitute given values in the formula
therefore
0.5 years=6 months
<h2>The answer is 6 months</h2>
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2 answers:
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The point (2,0) represents a relative minimum and an x-intercept.
<h3>How to determine the property?</h3>The missing graphed function is added as an attachment
The point (2,0) means that:
x = 2 and y = 0
On the attached graph, we can see that the graph touches the x-axis at (2,0); this represents the x-intercept
Also, the graph has a minimum at (2,0); this represents the relative minimum
Hence, the point (2,0) represents a relative minimum and an x-intercept.
Read more about graphed functions at:
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