Mathematics
Annagem1999
5

Josiah invests $360 into an account that accrues 3% interest annually. Assuming no deposits or withdrawals are made, which equation represents the amount of money in Josiah’s account, y, after x years?

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(1) Answers
martinamessina

3/100 times $360= $ 10.8 $10.8 multiply by 12 mnths (1year)= $129.6 + $360 ( initial investment)= $484.6.

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