Ask
your own question, for FREE!
Mathematics
16 Online
OpenStudy (anonymous):
The interest on an investment varies directly as the rate of interest. If the interest is $46 when the interest rate is 5%, find the interest, in dollars, when the rate is 7.4%. Round to the nearest cent.
Still Need Help?
Join the QuestionCove community and study together with friends!
hero (hero):
Hint: y = cx, where c is the constant of variation
hero (hero):
46 = c(.05) 46/.05 = c
hero (hero):
c = 920 y = 920(.074) y =68.08 Therefore, when the rate is 7.4%, the interest is $68.08
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
MrMystery:
What cultural clashes happened at the arrival of Cortes in the Americas in 1519,
elianabany:
How can I study over trig functions using numeral methods in a mannerly time to b
danielfootball123:
Daniel was playing football with his friends at a church, and he saw a girl actually a very pretty one.
DonaldTrumpofQC:
BUICK - Big Ugly Import Car Killer CHEVY - Can Hear Every Valve Yell (or Cannot H
AsianPanda08:
For my english project i need to ask and get at least 5 responses from different
MrMystery:
What cultural clashes happened at the arrival of Cortes in the Americas in 1519,
3 hours ago
4 Replies
3 Medals
elianabany:
How can I study over trig functions using numeral methods in a mannerly time to b
4 hours ago
12 Replies
1 Medal
danielfootball123:
Daniel was playing football with his friends at a church, and he saw a girl actually a very pretty one.
13 hours ago
20 Replies
2 Medals
DonaldTrumpofQC:
BUICK - Big Ugly Import Car Killer CHEVY - Can Hear Every Valve Yell (or Cannot H
20 hours ago
0 Replies
0 Medals
AsianPanda08:
For my english project i need to ask and get at least 5 responses from different
1 day ago
27 Replies
2 Medals