The amount of simple interest earned, n, varies directly as the rate of interest, r, and the number of years, t. The simple interest earned is $225 when the rate of interest is 4.5% for 4 years. Using the variables r, and t, find the equation that represents this relationship.
The amount of simple interest earned, n, varies directly as the rate of interest, r, and the number of years, t. The simple interest earned is $225 when the rate of interest is 4.5% for 4 years. Using the variables r, and t, find the equation that represents this relationship.
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter8: Rational Expressions And Equations
Section8.9: Use Direct And Inverse Variation
Problem 8.174TI: The distance a moving body travels, d, varies directly with time, t, it moves. A train travels 100...
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