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1 answer:
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Answer:
y = 360(1.03)x
Step-by-step explanation:
F is the future worth, P is the present worth, I will be the interest rate, and n is the number of years.
The principal amount of the money = $360
Annual rate of interest = 3%
Thus, the amount after x years which is increased by 3%.
Since, this amount represented by y,
The required equation that represents the amount of money in Josiah’s account, y, after x years is,
This amount represented by y,
Therefore, the required equation that represents the amount of money in Josiah’s account, y, after x years is,
Hope this helps you!
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Hey I have posted a picture the method I use to solve simultaneous equations is change the sign and follow the new sign.
This involves changing the sign for the second equation and solving it
This involves changing the sign for the second equation and solving it