3. Q3
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Similar Question 1
<p>Victoria invests some money at a fixed rate of simple interest. She uses the function <code class='latex inline'>A(t) = 750 + 27.75t</code> to calculate how much her investment will be worth after <code class='latex inline'>t</code> years. How much did she invest and what interest rate is she earning? Explain your reasoning.</p>
Similar Question 2
<p>Victoria invests some money at a fixed rate of simple interest. She uses the function <code class='latex inline'>A(t) = 750 + 27.75t</code> to calculate how much her investment will be worth after <code class='latex inline'>t</code> years. How much did she invest and what interest rate is she earning? Explain your reasoning.</p>
Similar Question 3
<p>The graph represents the total amount of an investment of principle <code class='latex inline'>\$ P</code> earning a fixed rate of simple interest over a period of 5 years. </p><img src="/qimages/2474" /> <ul> <li>What is the principal?</li> </ul>
Similar Questions
Learning Path
L1 Quick Intro to Factoring Trinomial with Leading a
L2 Introduction to Factoring ax^2+bx+c
L3 Factoring ax^2+bx+c, ex1
Now You Try
<p>Victoria invests some money at a fixed rate of simple interest. She uses the function <code class='latex inline'>A(t) = 750 + 27.75t</code> to calculate how much her investment will be worth after <code class='latex inline'>t</code> years. How much did she invest and what interest rate is she earning? Explain your reasoning.</p>
<p>The graph represents the total amount of an investment of principle <code class='latex inline'>\$ P</code> earning a fixed rate of simple interest over a period of 5 years. </p><img src="/qimages/2474" /> <ul> <li>What is the principal?</li> </ul>
<p>The table show the amount of simple interest GIC over a period of several years.</p><img src="/qimages/851" /><p><strong>(a)</strong> Calculate the first differences. What do these values represent?</p><p><strong>(b)</strong> What is the principal of this investment? How do you know?</p><p><strong>(c)</strong> What is the annual rate of simple interest?</p>
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