Question

Dominic deposited $300 in a bank account, earning 2.4% interest, compounded monthly. He made no deposits or withdrawals. Write an equation that can be used to find B, his account balance after t months. How much will Dominc's after 12 months?

Answer 1

Answer:B=2.4t+300, 328.8

Step-by-step explanation: 300 is y intercept and w.4 is the interest per month, plug in 12