Question

Identify the type of variation

I. Amount of interest and rate of interest.

II. Population of a state and area of land per person.​

Answer 1

Answer:

1. The interest rate is the amount a lender charges for the use of assets expressed as a percentage of the principal. The interest rate is typically noted on an annual basis known as the annual percentage rate (APR
2. The formula for population density is Dp= N/A, where Dp is the population density, N is the total population, and A is the land area covered by the population. For human populations, A is typically expressed as square miles or square kilometers.20-