3. Samuel currently has an account balance of $3,439.96. He opened the account five years ago with a deposit of $3,104.31. If the interest compounds quarterly, what is the interest rate on the account? (3 points)

4.6%

8.3%

0.5%

2.1%

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:

0.32

step-by-step explanation:

2.24/7