Answer:
Check below or above
Step-by-step explanation:y
Answer:
$3283.2
Step-by-step explanation:
Given data
Principal= $2700
Rate= 4%
Time= 5 years
Required
the final Amount A
The compound interest formula is
A=P(1+r)^t
Substitute
A=2700(1+0.04)^5
A=2700(1.04)^5
A=2700*1.216
A=$3283.2
Hence the balance in the account after 5 years is $3283.2
Answer:
b. y = 1000x
Constant of proportionality = 1,000
Step-by-step explanation:
The equation that represents a proportional relationship between variable x and y usually takes the following form, y = kx.
Where,
k = constant of proportionality.
From the three given equations, the only equation that takes the form is b. y = 1000x.
The constant of proportionality (k) of the equation = 1,000.
