Suppose you buy a CD for $900 that earns 8% APR and is compounded quarterly. The CD matures in 3 years. Assume that if funds are
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Answer: OPTION D.
Step-by-step explanation:
The vertex form of a quadratic function is:
Where (h, k) is the vertex of the parabola and "a" is the coefficient of the squared in the parabola's equation.
We know that the vertex of this parabola is at (5,5) and we also know that when the x-value is 6, the y-value is -1.
Then we can substitute values into and solve for "a". This is: