Answer:
Step-by-step explanation:
Proportional functions can be written as , where
is some constant of proportional. Since directly proportional functions always pass through the origin, the y-intercept must be 0 (no additional number before or after
term). The only answers that fit this format are:
Let find percentage of 5/9
More students are in chorus
By Evaluating the Compound Interest, we come to know that Rajesh will have enough money in the account to cover all of the required loan payments.
The Principal Amount(P) = $30,000
Rate of Interest (r) = 2.16 %
Time(t) = 10 years
Number of Times it is Compounded in a year(n) = 12
Now, we have
Putting all the values, we evaluate the amount,
Hence, the Amount after Compound Interest = $37,225.87
Now, The loan amount that he pays = 300 *12*10 = $ 36,000
Yes, he will have enough money in the account to cover all of the required loan payments.
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