An account earns simple interest. (a) find the interest earned. (b) find the balance of the account.

1. $2600 at 3.2% for 4 years
interest
balance

2. $7500 at 8.5% for 3 months
interest
balance

this is a direct variation proportion. y = kx

y is the total amount due, k is the constant of variation, and x is the number of texts sent.

plug in the 3.20 and the 16 to solve for the "k". this is the constant of proportionality. it is the value that will not change.

3.20 = k(16). solving you get $.20 per text.

the equation would then be y = .20x