Answer is D you can plug it in to check it as well
Solution:
Principal =P= $ 7,500
Option A→(Simple interest)
Rate of interest= R=4%
Time(
)=4 years
Time(
)=6 years
Amount= Principal + Interest(Simple or compound interest)
Formula for Simple interest
Total amount after 4 years when interest is simple= 7500 +1200= $ 8700
Total amount after 6 years when interest is simple= 7500 +1800= $ 9300
Option B
Formula for amount(A) when interest is 3.15% compounded annually.
Total amount after 4 years when interest is compounded annually=$ 8491 (approx)
Total amount after 6 years when interest is compounded annually=$ 9034(approx)
For example: if the word problem were simply "4 divided by 2", the fraction would be a 4 with a line underneath and the 2 underneath that.
I hope I made this possible to understand... let me know if you were referring to something else!
A)Plugging in our initial statement values of y = 16 when x = 10, we get:
16 = 10k
Divide each side by 10 to solve for k:
16/10=
k = 1.6
Solve the second part of the variation equation:
Because we have found our relationship constant k = 1.6, we form our new variation equation:
y = 1.6x
Since we were given that x, we have
y = 1.6()
y = 0
B)Plugging in our initial statement values of y = 1 when x = 15, we get:
1 = 15k
Divide each side by 15 to solve for k:
1/15
=15k
k = 0.066666666666667
