Answer:
24
Step-by-step explanation:
Answer:
3
Step-by-step explanation: calculator
Answer:
Step-by-step explanation:
A proportional constant satisfies
y/x=k, where k is the constant of proportion
Since
y/x=k
y=kx
You are given
y=1.5x so
k=1.5
The account will be worth $2368.20 in 7 years.
The compound interest formula is

where p is the principal invested, r is the interest rate as a decimal number, n is the number of times the interest is compounded yearly, and t is the amount of time.
3.35% = 3.35/100 = 0.0335.
Using our information, we have:

which comes out to $2368.20.