An employee put $5,000.00 in a retirement account that offers 9% interest compounded annually. The employee makes no additional
2 answers:
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Answer:
An Algebraic Expression that models the situation is
Step-by-step explanation:
Beginning balance of Jennifer=$4750
Now she deposits a paycheck = p
So, New balance = 4750+p
Now she writes a check = c
Remaining balance = 4750+p-c
Now she writes a check = d
Remaining balance = 4750+p-c-d
Now refunded some money (r) for returning a pair of shoes she bought.
New balance = 4750+p-c-d+r
Hence an Algebraic Expression that models the situation is