Trey gorman invests $5,000 in a 1-year certificate of deposit that earns interest at an annual rate of 4% compounded monthly. the amount per $1.00 is 1.040742. how much interest will he earn at the end of one year?

1.4

2.3

step-by-step explanation:

the formula for the constant of variation is

y= kx

divide each side by x

y/x =kx/x

y/x =k

we know a and y

1.   y/x = k

4/1 =4

check the other values to make sure they are the same

8/2 = 4   12/3 =4   and 16/4 =4  

the constant of variation is 4

2.   y/x = k

3/1 =3

check the other values to make sure they are the same

6/2 = 3   9/3 =3   and 12/4 =3  

the constant of variation is 3

actually your concept is wrong

step-by-step explanation:

150% of x =300

150x=300×100

x=(300×100)÷150

x=200

the answer is 3/2 and for decimal: 1.5

hope i

-lavira: )