Money was placed in a savings account and earned 3/4 % interest paid annually. Samantha, Tony and Anuyia each wrote an equation

Question

3 years ago

12

Money was placed in a savings account and earned 3/4 % interest paid annually. Samantha, Tony and Anuyia each wrote an equation

to show the amount of money in the account after one year with a balance of M dollars. T represents the total amount of money in the account.
Samantha’s Equation: T = 1.075M

Tony’s Equation: T = M + 0.0075M

Anuyia’s Equation: T = M(1 + 0.0075M)

Since none of the equations were written the same, they decided to see if their equations would give the same answers by using a $75 balance. Solve this problem using each student’s equation. Show your work. You may use a calculator for this part of the assessment. Show your work to receive full credit.

Mathematics

2 answers:

11Alexandr11 [23.1K] · Answer 1 · 2022-05-18T19:32:33+03:00

11Alexandr11 [23.1K]3 years ago

8 0

Answer:

Step-by-step explanation:

Alexeev081 [22] · Answer 2 · 2022-05-18T17:25:50+03:00

Alexeev081 [22]3 years ago

4 0

Answer:

what do u do

Step-by-step explanation: