Answer:
The answer for y is Y = 7
hope this helped
Step-by-step explanation:
Raja Dilip aashram Mein Gaye
Exponential
The first year, he would earn 8% interest on the $400 deposited, so he'd have $432. The next year, he would earn 8% interest on the interest earned the previous year in addition to the amount deposited, so he'd have $466.56.
His bank balance would follow the compound interest equation which is exponential.
= 400 × 1.08^t
where t is the number of years since the deposit
I'm not sure what the choices are, but August looks like it has the closest to being equal.
The answer is x=12. I hope this helps you out