5. [Statistical independence] Consider a month consisting of exactly 28 days, split into four weeks of seven days each, such tha
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The parabola is a downward parabola which is passing through origin and leading coefficient of the negative 2.
<h3>What is the parabola?</h3>It's the locus of a moving point that keeps the same distance between a stationary point and a specified line. The focus is a non-movable point, while the directrix is a non-movable line.
The equation of a quadratic function, of vertex (h, k), is given by:
y = a(x – h)² + k
where a is the leading coefficient.
The equation of the parabola will be
y = -x²
The given parabola is a downward parabola which is passing through origin and leading coefficient of the negative 2.
The graph of the function is given below.
More about the parabola link is given below.
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Given:
Amount borrowed (P)= $25000
Rate of interest (r)= 6%
Time (t)= 4 years.
To find:
The total interest the company pay in all.
Solution:
We know that,
where, A is amount, P is principal, r is rate of interest and t is time period.
Now,
Therefore, the total interest is $6561.924.