$1000 is invested at an APR of 5% for 20 years
1 answer:
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Answer:
Constant of proportionality is 12
The cost of buying new bicycle changes 12 dollar per week
Step-by-step explanation:
we are given
The equation as
where
d represents the amount in dollars
w is number of weeks
now, we can compare it with
where
k is constant of proportionality
we can compare
and we get
k=12
So,
Constant of proportionality is 12
we can see that
So,
The cost of buying new bicycle changes 12 dollar per week