Answer:
$509
Explanation:
First, we find the lump sum to pay under the bank terms. The interest rate is 0.5% monthly, which is equivalent to 6.2% annually.
The formula is:

Where:
- P = Present value
- i = interest rate
- n = number of compounding periods of the interest rate
- X = lump sum we need to find
Now, we simply plug the amounts into the formula:


Next, we find the value of the lump sum under the company's preferred terms:


Finally, we susbtract the two figures to find the difference:

Answer:
Which equation has a constant of proportionality equal to 333?
(Choice A) A y=\dfrac{8}{5}xy= 5 8 xy, equals, start fraction, 8, divided by, 5, end fraction, x (Choice B) B y=\dfrac{1}{3}xy= 3 1 xy, equals, start fraction, 1, divided by, 3, end fraction, x (Choice C) C y=\dfrac{1}{4}xy= 4 1 xy, equals, start fraction, 1, divided by, 4, end fraction, x (Choice D) D y=\dfrac{18}{6}xy= 6 18 xy, equals, start fraction, 18, divided by, 6, end fraction, x
The correct answer is 135 years.