5 years. At 16% increase per year, it will take 5 years to get to at least 96,000
Answer:
k = 3
Step-by-step explanation:
5(ky-6)=15y-30
Factor out a 5 from the right side
5(ky-6)=5(3y-6)
Divide each side by 5
ky -6 = 3y -6
Add 6 to each side
ky = 3y
divide by y
k = 3