Answer:
The compound interest one is better by about 14 bucks.
Step-by-step explanation:
Simple interest:
500(1+.06*10)=800
Compound interest:
500(1+.05)¹⁰=814.45
y varies inversely with x.
Example:
If we multiply x by 2 we need to divide y by 2 too.
So,
If y = 16 and x = 1/2, find y when x = 32
Lets see, from 1/2 to 32 e need to multiply 1/2 by 64, right? So let's divide 16 by 64.
16/64 = 8/32 = 4/16 = 2/8 = 1/4
So we can say that:
If y = 16 when x = 1/2, y = 1/4 when x = 32.