4x................... I hope it helps
Answer:
3.2%
Step-by-step explanation:
The computation of the annual rate of interest is shown below:
As we know that
Simple interest = Principal × rate of interest × time period
($1,857.60 - $1,800) = $1,800 × rate of interest × 1
$57.60 = $1,800 × rate of interest × 1
So, the rate of interest is
= $57.60 ÷ $1,800 × 100
= 3.2%
Hence, the rate of interest on annual basis is 3.2%
The question ask to find and compute the possible formula for the function below where as A = (-1,32) and B= (1,8). In my own calculation and further computation about the problem and also following the rule of general exponential function, the formula would be y = a*(b^x). I hope this would help
