Answer:
y = 0.375x
Step-by-step explanation:
Let there are two variables, one independent variable x and another dependent variable y which are in proportionality relation.
So, y ∝ x
⇒ y = kx ........... (1) {Where k is the proportionality constant}
Let us assume that the given values of 4 and 1.50 are values of x and y respectively.
Hence, from equation (1) we get, 1.5 = 4k
⇒ k = 0.375
So, the proportionality equation is y = 0.375x (Answer)
Based on the information, Christian would have $5525.5 of an annuity.
<h3>How to calculate the annuity?</h3>
According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12
Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of the annuity.
Learn more about annuity on:
brainly.com/question/5303391
#SPJ1
To find the decimal value, we must convert 1/2 and 3/4 into decimal.
1/2=0.5
3/4=0.75
Now we just have choose a random decimal in between the decimal.
Let's choose 0.6
Now we have to convert the decimal into a fraction. So we'll multiply the decimal by100.
0.6×100=60
Then we make the 60 into a fractions. 60/100
Then we'll simply the fraction. 60/100÷10=6/10÷2=3/5
There you go. You have your answer.
