The amount of interest charged on a loan is directly proportional to the amount of money borrowed . Marcus paid %50 in interest on a $600 loan he borrowed to pay for his car . If x represents the amount of the loan and y represents the interest owed , what is the ratio that is used for the direct variation ? Explain how you found this .

Question

tkhunny · Answer

Well, do it.

"The amount of interest charged on a loan is directly proportional to the amount of money borrowed "

This means: (Interest Charged) = k*(Amount Borrowed)

Now, follow the instructions and answer the question.