Check the picture below.
of course, that's the slope simplified, now, taking a peek at the non-simplified slopes that are shaded, the larger triangle will have a larger "run" and a larger "rise" and thus a larger slope than the smaller one.
So we can say that from the origin to A, the non-simplified slope is larger than from A to B.
Answer:
The rate of interest is 9.5092%
Step-by-step explanation:
Given as :
The investment amount = p = $857
The Amount after 6 years = A = $1268.36
The time period = t = 6 years
Let The rate of interest = r%
<u>Now, From Compound Interest method </u>
Amount = Principle ×
Or, A = p ×
Or, $1268.36 = $857 ×
Or, =
Or, 1.48 =
Taking power both side
So, =
Or, 10.5092 = 1 +
Or, 10.5092 - 1 =
Or, 9.5092 =
∴ r % = 9.5092
So , The rate of interest = r = 9.5092 %
Hence, The rate of interest is 9.5092% Answer