The Simple Interest on an Investment Is Directly Proportional to the Amount

question 29

Multiple Choice

The simple interest on an investment is directly proportional to the amount of the investment. By investing $7750 in a certain certificate of deposit, you obtained an interest payment of $201.50 after 1 year. Determine a mathematical model that gives the interest, I , for this CD after 1 year in terms of the amount invested, P.

---

Definitions:

Herpes Simplex

A medical condition characterized by an eruption of one or more groups of vesicles on the lips or genitalia.

A Virus

A microscopic infectious agent that can replicate only inside the living cells of an organism, causing various diseases.

Sweat Glands

Specialized glands in the skin responsible for the production of sweat, aiding in temperature regulation and waste excretion.