This is a true statement (:
Answer:
the interest earned= 93.401
and the future value of an annuity= 493.401
Step-by-step explanation:
Given Data:
Interest rate= 7%
time,t = 3 years
weekly payment, P= 400
At the end of 3 years, final investment A= ?
n= 52 as it is weekly
As per the interest formula
A= P(1+r/n)^nt
Putting value in above equation
= 
= 493.401
Interest earned = A-P
= 493.401-400
= 93.401 !
Mr Green- Brown tie
Mr Black- Green tie
Mr. Brown- Black tie
I'm working on 6
Hope this helps in the meantime :)
<h3>
Answer: D) 6</h3>
======================================================
Explanation:
Direct proportion equations are in the form y = kx, for some constant k.
The k value is the constant of proportionality. Solving for k leads to k = y/x.
For each row in the table, divide the y value over the paired x value.
- Row1: k = y/x = 12/2 = 6
- Row2: k = y/x = 24/4 = 6
- Row3: k = y/x = 30/5 = 6
- Row4: k = y/x = 54/9 = 6
Each row leads to the same k value, so the constant of proportionality is 6.
The equation y = kx updates to y = 6x.
This line has slope 6 and y intercept 0.
All direct proportion equations go through the origin.
