Greg deposits $500 into an account that pays simple interest at a rate of % 3 per year. How much interest will he be paid in the
1 answer:
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Answer:
The correct option is C). When it was purchased, the coin was worth $6
Step-by-step explanation:
Given function is f(t)=
Where t is number of years and f(t) is function showing the value of a rare coin.
A figure of f(t) shows that the graph has time t on the x-axis and f(t) on the y-axis.
Also y-intercept at (0,6)
hence, when time t was zero, the value of a rare coin is 6$
f(t)=
f(0)=
<em>f(0)=6</em>
Thus,
The correct option is C). When it was purchased, the coin was worth $6