Answer:
Y=40
Explanation:
Due to the nature of both X and Y varying directly, you can view the problem as a proportion. If x=6 and y=30, that must mean that when x=8 y must equal 40.
6:30 = 8:40
or
30/6= 5
Y/8= 5
Because they vary directly they are equivalent, and so multiply 8 by 5 and get 40.
The answer to this is (6,-2)
Answer:
Option 2
Step-by-step explanation:
The account balance multiplier for the compound interest option is ...
(1 +r)^t = 1.05^8 ≈ 1.477455
The account balance multiplier for the simple interest option is ...
(1 +rt) = 1 +0.06·8 = 1.48
Jadwa should choose option 2 for this investment. It will earn about £5.09 more in interest over the 8-year period.
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£2000 · (1.48 -1.477455) ≈ £5.09
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In the above formulas, r is the interest rate, and t is the number of years.
