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andrey2020 [161]
3 years ago
8

After 1 year, a bank account contains $7,746.90. After 2 years, the same account contains $7,901.84. Assuming no deposits or wit

hdrawals are made, which equation can be used to find y, the amount of money in the account after x years? (Round money values to the nearest penny.)
Mathematics
2 answers:
mel-nik [20]3 years ago
7 0
<span> <span><span> <span> <span>These are the choice given. I'll just substitute x with 1 and 2 to see if the amount corresponds to the given amount.
</span><span>A.    </span>y = 7591.96(1.02)x
  y = 7,591.96(1.02)¹ = 7,743.80 
  y = 7,591.96(1.02)² = 7,898.68
</span> <span> <span>
B.    </span>y = 7591.96(0.02)x
y = 7,591.96(0.02)¹ = 151.84
y =7,591.96(0.02)² = 3.04
</span> <span> <span>
C.   
</span>y = 7595(1.02)x    THIS IS THE CORRECT EQUATION.
y = 7,595(1.02)¹ = 7,746.90
y = 7,595(1.02)² = 7,901.84
</span> <span> <span>
D.    </span>y = 7595(0.02)x
  </span> </span> </span></span>
Artyom0805 [142]3 years ago
3 0

Answer: correct answer is d

Step-by-step explanation:

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