Money is borrowed at 7% simple interest. After one year, $884.89 pays off the loan. How much was originally borrowed?
1 answer:
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Given:
The function is:
where .
To find:
The range of the given function.
Solution:
Range is the set of output values.
We have, . It means the value of x is greater than 6 but not equal to 6.
The function is
Putting x=7, we get
Putting x=8, we get
Putting x=9, we get
So, the range of the given function is {31, 36, 41...}.
Therefore, the correct option is B.