3 years ago

Find the interest rate for $9000 deposit accumulating to $9889, compounded annually for 5 years.

1 answer:

7 0

sorry I didn't answer the question

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zalisa [80]

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Step-by-step explanation:

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Fudgin [204]

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pickupchik [31]

Answer: y = 36x

Step-by-step explanation: Given that x and y vary directly then the equation relating the is

y = kx ← k is the constant of variation

To find k use the condition x = , y = 12, then

k = = = 12 × 3 = 36

y = 36x ← equation of variation

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3 years ago

Find the interest rate for ​$9000 deposit accumulating to ​$9889​, compounded annually for 5 years.