Answer:
table C
Step-by-step explanation:
The constant of proportionality k= y/x
table C shows constant proportionality :
90/9=140/14=240/24=10
Answer:
-5/4
Step-by-step explanation:
change in y/change in x
Answer: 2years, 5 months
Step-by-step explanation:
Principal, P = $6000
Rate, R = 3%
Interest, I = $450
Time, T =?
Simple Interest, I = P x T x R/ 100
making T, subject of formula
T = 100 x I/ P x T
Substituting the values into the equation,
T = 100 x 450/ 6000 x 3
T = 45000/ 18000
T = 2.5years = 2years, 5 months
9514 1404 393
Answer:
0.06164
Step-by-step explanation:
The effective annual rate obtained by compounding nominal annual rate r monthly is ...
eff rate = (1 +r/12)^12 -1
Then the value of r is ...
r = 12×((eff rate) +1)^(1/12) -1)
For the given effective rate, that is ...
r = 12×(1.06341^(1/12) -1) ≈ 0.06164 . . . . nominal annual interest rate
