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? y = 360(1.3)x y = 360(0.3)x y = 360(0.03)x y = 360(1.03)x

Question

Mathematics

cancerfighter22

May 13, 2019, 11:17:30 PM

8

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? y = 360(1.3)x y = 360(0.3)x y = 360(0.03)x y = 360(1.03)x

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(2) Answers

Answer 1 · 2019-05-14T01:36:12+03:00

Y=360(1.03)^x Hope it helps

Answer 2 · 2019-05-14T06:41:54+03:00

For the answer to the question above on which is the most suitable equation to solve the problem above, the answer is to this problem is y=360(0.03)x This the correct equation I hope my answer helped you. Have a nice day!