Answer:
Translate 2 units upward
Step-by-step explanation:
See attachment for the functions
Required
Determine the change in f(x) that gives the dashed line
From the attachment, there is only one transformation from f(x) to the dashed line.
The transformation is a translation of 2 units, upward.
Let the dashed line be g(x)
g(x) will be:
Substitute for f(x)
The interest rate will be equal to 24% in 2 years.
<h3>What is compound interest?</h3>Compound interest is the interest levied on the interest. The formula for the calculation of compound interest is given as:-
Given that:-
The interest rate will be calculated by using the following formula:-
1.56 = ( 1 + r )²
√1.56 = ( 1 + r )
r = 1.24 - 1
r = 0.24
r = 24%
Therefore interest rate will be equal to 24% in 2 years.
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