Given:
a varies jointly as b and c.
a=6 when b=2 and a=3.
To find:
The variation constant and the equation of variation.
Solution:
a varies jointly as b and c.
...(i)
Where, k is the constant of proportionality.
a=6 when b=2 and a=3.
The value of k is 1.
Putting k=1 in (i), we get
Therefore, the variation constant is 1 and the equation of variation is .
Answer:
The certificate will be worth $5,559.92 on Ruth's 19th birthday.
Step-by-step explanation:
The compound interest formula is given by:
Where A is the amount of money, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per unit t and t is the time the money is invested or borrowed for.
In this problem, we have that:
So
The certificate will be worth $5,559.92 on Ruth's 19th birthday.