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Section 1.10
62 & 64
62. The simple interest on an investment is directly proportional to the amount of the investment. An investment of $6500 earns $211.25 after 1 year. Find a mathematical model that gives the interest I after 1 year in terms of the amount invested P.
Let me see what I can do here.
Let I = interest
Let k = constant of proportionality
Let P = investment
Using the above information, I get I = kP as the general form of an equation in terms of interest.
I think I need to find k.
211.25 = 6500k
211.25 ÷ 6500 = k
0.0325 = k
I = (0.0325)P
Correct?
64. Use the fact that 14 gallons is
approximately the same amount as 53 liters to find a mathematical model that relates liters y to gallons x. Then use the model to find the numbers of liters in 5 gallons and 25 gallons.
Let me see.
Let x = 14, when y is 53. I need to find k.
y = kx
53 = 14k
53/14 = k
The mathematical model is y = (53/14)x.
Let x = 5 gallons.
y = (53/14)(5)
y = 18.9285714285
I will round off to the units place to get 19 liters.
Let x = 25 gallons.
y = (53/14)(25)
y = 94.6428571425
I will round off to the units place to get 95 liters.
You say?
62 & 64
62. The simple interest on an investment is directly proportional to the amount of the investment. An investment of $6500 earns $211.25 after 1 year. Find a mathematical model that gives the interest I after 1 year in terms of the amount invested P.
Let me see what I can do here.
Let I = interest
Let k = constant of proportionality
Let P = investment
Using the above information, I get I = kP as the general form of an equation in terms of interest.
I think I need to find k.
211.25 = 6500k
211.25 ÷ 6500 = k
0.0325 = k
I = (0.0325)P
Correct?
64. Use the fact that 14 gallons is
approximately the same amount as 53 liters to find a mathematical model that relates liters y to gallons x. Then use the model to find the numbers of liters in 5 gallons and 25 gallons.
Let me see.
Let x = 14, when y is 53. I need to find k.
y = kx
53 = 14k
53/14 = k
The mathematical model is y = (53/14)x.
Let x = 5 gallons.
y = (53/14)(5)
y = 18.9285714285
I will round off to the units place to get 19 liters.
Let x = 25 gallons.
y = (53/14)(25)
y = 94.6428571425
I will round off to the units place to get 95 liters.
You say?