If the APY of a savings account is 3.2%, and if the principal in the savings account was $2400 for an entire year, what will the
2 answers:
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Answer:
k = 5,
y = 5x
Step-by-step explanation:
If y is proportional to x,
y ∝ x
Then the equation will be
y = kx
Her k = proportionality constant.
Now we choose a point from the given table.
Let the point is (2, 10).
By putting the values of x and y in the equation,
10 = 2×k
k =
k = 5
This will be true for any point we choose from the table.
And the equation will be y = 5x
