Answer:
$69.75
Step-by-step explanation:
Multiply $2.25 by 31 students
It will take 2 years.
Year 1 :
4% 2.5k = 2.5k/100 × 4 = $100 in interest
$2.5k + $0.1k = $2.6k
Year 2 :
4% 2.6k = 2.6k/100 × 4 = $104 in interest
$100 + $104 = $204 > $200
There may be a simpler way to solve this using a formula for example, but I just solved this step by step. Please feel free to ask if you have any questions
Answer:
k = 9/4
Step-by-step explanation:
To find k, use the equation
y = kx
Pick a point
72 = k *32
Divide each side by 32
72/32 = k
9/4 = k
