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scoray [572]
3 years ago
6

Brad wants to open a new savings account. He finds one that returns 3% on his investment each year.

Mathematics
2 answers:
S_A_V [24]3 years ago
6 0
1.03 I got as my answer i’m not sure tho
Damm [24]3 years ago
4 0

Answer:

1.03x

Step-by-step explanation:

1 year b would be the inital investment added with interest

i believe this is the equation

b = x + r(x)= (1 + r)x

and since it says 3% each year we know its 0.03 (r)

and when you solve it out you get that answer

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Answer:

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Step-by-step explanation:

Given,

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and now, by substituting the value of x in equation 1, we get;

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