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6th Edition

Stewart + 5 others

Publisher: Cengage Learning

ISBN: 9780840068071

Chapter 1.6, Problem 11E

To determine

**To express: **the given quantity in terms of the indicated variable.

Expert Solution

**Given:**

The given quantity is “the interest obtained after one year on an investment

x is number of dollar invested.

**Concept used:**

Interest received on investment amount P at a rate r for a time period t is given by

**Calculation:**

According to question, interest received on investment amount x at a rate

Therefore, interest received on investment is

Hence, the interest obtained after one year on an investment is