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The graph below is of the form y = A cos(Bt). Use the characteristics illustrated to determine its equation.
Interest Rate
The proportion, typically expressed as a percentage, that is charged by lenders to borrowers for the use of their money.
Payoff
The return or potential gain from an investment or decision, which can be seen in financial, strategic, or personal contexts.
Revenues
The total incomes that a business receives from its normal business activities, usually from the sale of goods and services to customers.
Useful Life
The expected period of time during which an asset remains useful to the owner or is capable of generating revenue.
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