Answer:
See explanation
Step-by-step explanation:
Required
The average
The data whose average is to be calculated are not given.
However, the formula to calculate the average is:
Assume the data is:
This means that the number of schools is 4
So:
<em>The average of the assumed data is 1238</em>
Answer: y=12.287
Step-by-step explanation:
Answer:
she is wrong, offer 2 results in lower interests
Step-by-step explanation:
total amount paid if offer 1 is accepted:
$6,000 x (1 + 3%)² = $6,000 x 1.0609 = $6,365.40
she will pay $365.40 in interests
total amount paid if offer 2 is accepted:
($6,000 x 1.01) x 1.05 = $6,060 x 1.05 = $6,363
she will pay $363 in interests
Compounding interest refers to interest that earns more interest itself, e.g. in the first offer, the $180 of interests charged for the first year will earn $5.40 in extra interests. While offer 2 only charges $60 in interests during the first year which will in turn earn $3 of interests. The difference between both offers is that interest charges in offer 1 earn more interests than the interest in offer 2 = $5.40 - $3 = $2.40
Answer:
It is not direct variation
Step-by-step explanation:
y/7 = 2/x
y = 7×2/x
y = 14/x
And
y = k/x
k = 14 which is the constant of proportionality
: y ∞ 1/x
This is inverse variation
