Carlos invests £4500 for 3 years. He receives compound interest of 1.5% per year.
Carlos thinks the total of the money he invests and the interest will be more than
£4750 at the end of the 3 years.
Is he correct?
Show why you think this.

He is incorrect.

Step-by-step explanation:

4500 x ( 1 + 1.50%)^3

= 4500 x 1.045678

= 4705.551000

4705.551000 < 4750

the direct variation says that:

then the equation is of the form is given by:

            where k is the constant variation.

from the given table:

consider any value of x and m(x)=y

x = 2 and m(x)=y = 3

substitute these value in [1]; we have;

divide both sides by 2 we get;

⇒

check:

put x = -1 and m(x) = -1.5

substitute in the equation:

-1.5 = -1.5                   true

therefore, the function m(x) represents a direct variation

graph of this function as shown below: