Tom has deposited $500 in an account which earns 2% interest each year. Which expression correctly shows the total value of his
account after 3 years?
A) 500 + 0.02 + 0.02 + 0.02
B) 500 + 0.02[500 + 0.02(500 + 0.02*500)]
C) 500 + 0.02*0.02*0.02(500)
D) 500 + 3(0.02)500
1 answer:
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answer A.
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The constant of proportionality in the equation y=0.41 is 0.41
Step-by-step explanation:
R + d = 1750
r = d + 450
d + 450 + d = 1750
2d + 450 = 1750
2d = 1750 - 450
2d = 1300
d = 1300/2
d = 650 <=== what Dustin pays
r = d + 450
r = 650 + 450
r = 1100 ...Robert pays 1100