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anzhelika [568]
3 years ago
9

Kristin's grandparents started a savings account for her when she was born. They invested $500 in an account that pays 8% intere

st compounded annually. What is an equation that can be used to model the amount of money in the account on Kristin's xth birthday?
Mathematics
1 answer:
BigorU [14]3 years ago
5 0
Y = 500 + .08x is the correct answer
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Now put the equation 2 in equation 1, we get:

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