Question

I need help on this one

Answer 1

Answer:

16 months

Step-by-step explanation:

Look at the chart on the left and look at what number of months is closest to 15,000. 16 is at 15,034

To solve mathematically:

y is the balance that his account would have. You want to find the amount of months it will take before it becomes $15,000, so 15000 is your y value

15,000= - 440.91x+22,060.7

-7,060.7= - 440.91x    Subtract 22,060.7 from both sides

16.0139=x   Divide both sides by - 440.91