Question

Can anyone help me with this math problem?

Answer 1

(y)= (x)×2 percent so that might help you but I do not know

Answer 2

Lemme give you a cheap answer, by simply using the "compound interest formula", which is what that is, 2% compounded yearly

thus $\bf \qquad \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \qquad \begin{cases} A=\textit{current amount}\to&\boxed{y}\\ P=\textit{original amount deposited}\to &\ 23000\\ r=rate\to 2\%\to \frac{2}{100}\to &0.02\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{per year, meaning once} \end{array}\to &1\\ t=years\to &\boxed{x} \end{cases}$

plug in those values, and simplify