Answer:
<h2>£1,330.46</h2>Step-by-step explanation:
Using the compound interest formula
A = amount compounded after n years
P = principal (amount invested)
r = rate (in %)
t = time (in years)
n = time used to compound the money
Given P = £1200., r = 3.5%, t = 3years, n = 1 year(compounded annually)
Value of Charlie's investment after 3 years is £1,330.46
Answer:
k = 5,
y = 5x
Step-by-step explanation:
If y is proportional to x,
y ∝ x
Then the equation will be
y = kx
Her k = proportionality constant.
Now we choose a point from the given table.
Let the point is (2, 10).
By putting the values of x and y in the equation,
10 = 2×k
k =
k = 5
This will be true for any point we choose from the table.
And the equation will be y = 5x
Answer: C.
Step-by-step explanation: