Answer:
The below graph represents this scenario.
Step-by-step explanation:
Given,
The deposited amount, P = $ 21,
Annual interest rate, r = 2.4 % = 0.024,
Thus, the simple interest after x years,
[tex]y=P\times r\times t[/tex]
[tex]=21(0.024)(x)[/tex]
[tex]=0.0504x[/tex]
If x-axis shows the number of years and y axis represents the simple interest after x years,
So, y = 0.0504x is a line passes through the origin which will show the given scenario,
( shown below )
Also, x ≥ 0 ( number of years can not be negative )
