Josiah invests $360 into an account that accrues 3% interest annually. Assuming no deposits or withdrawals are made, which equat

Question

3 years ago

12

ion 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

2 answers:

vazorg [7] · Answer 1 · 2021-12-04T13:08:50+03:00

vazorg [7]3 years ago

9 0

The answer will be y = 360(1.03)x. Hope it help!

algol13 · Answer 2 · 2021-12-04T14:55:24+03:00

algol133 years ago

5 0

I agree, the answer is y= 360(1.03)x, except it isn't multiplied by x it's to the power of x