Question

JoeNah, Dekobian and Evan wrote equations to calculate the amount of

Answer 1

Answer:

see the explanation

Step-by-step explanation:

Let

B ---> the balance of money saved.

M ---> the amount invested in dollars

we have

JoeNah's Equation

$B=1.5M$

For M=$100

substitute in the equation

$B=1.5(100)=\ 150$

Dekobian's Equation

$B=M+0.05M$

For M=$100

substitute in the equation

$B=100+0.05(100)=\ 105$

Evan's Equation

$B=M(1+0.05)$

For M=$100

substitute in the equation

$B=100(1+0.05)=\ 105$

In this problem

Dekobian's Equation and Evan's Equation are correct