The total interest accrued is $2,407.41 if you invested $7,000 into a money market account for 10 years at an annual interest rate of 3%.
<h3>What is invested amount?</h3>
An investment is a payment made to acquire the securities of other firms with the intention of making a profit.
We are assuming the interest will be compounded annually
Where A = Final amount
P = Principal amount
r = annual rate of interest
n = how many times interest is compounded per year
t = How long the money is deposited or borrowed (in years)
We have:
P = $7000
r = 3% = 0.03
t = 10 years
n = 1
After calculating:
A = $9407.41
I = A - P = 9407.41 - 7000 = $2,407.41
Thus, the total interest accrued is $2,407.41 if you invested $7,000 into a money market account for 10 years at an annual interest rate of 3%.
Learn more about the invested amount here:
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Answer:
No, because it fails the vertical line test ⇒ B
Step-by-step explanation:
To check if the graph represents a function or not, use the vertical line test
<em>Vertical line test:</em> <em>Draw a vertical line to cuts the graph in different positions, </em>
- <em>if the line cuts the graph at just </em><em>one point in all positions</em><em>, then the graph </em><em>represents a function</em>
- <em>if the line cuts the graph at </em><em>more than one point</em><em> </em><em>in any position</em><em>, then the graph </em><em>does not represent a function </em>
In the given figure
→ Draw vertical line passes through points 2, 6, 7 to cuts the graph
∵ The vertical line at x = 2 cuts the graph at two points
∵ The vertical line at x = 6 cuts the graph at two points
∵ The vertical line at x = 7 cuts the graph at one point
→ That means the vertical line cuts the graph at more than 1 point
in some positions
∴ The graph does not represent a function because it fails the vertical
line test
Answer:
2.25
Step-by-step explanation:
to find slope it is (y2-y1)/(x2-x1)
(15.25-8.50)/(5-2)
6.75/3
2.25 is the slope
