Does this equation have:
1 answer:
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Answer:
The interest rate for the given investment is 18%.
Step-by-step explanation:
We are given that,
The function representing the investment model is, .
It is required to find the interest rate for the investment.
Since, the function can be re-written as,
i.e.
So, on comparing with the formula for compound interest i.e. , where 'r' is the interest rate.
We have that,
The interest rate for the given investment is 0.18 i.e. 18%.
Answer:
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Step-by-step explanation:
Hello, to be the correct equation of line the given equation must satisfy all the points lying on that line.
I've solved all the equation for given both the points and concluded Option B & C are the correct equation for the line. The image of solution I'm attaching with this answer.
