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Josiah invests $360 into an account that accrues 3% interest annually. Assuming no deposits or withdrawals are made, which equation represents the amount of money in Josiah’s ac…

Josiah invests $360 into an account that accrues 3% interest annually. Assuming no deposits or withdrawals are made, which equation represents the amount of money in Josiah’s ac…
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Josiah invests $360 into an account that accrues 3% interest annually. Assuming no deposits or withdrawals are made, which equation represents the amount of money in Josiah’s account, y, after x years?

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User Ozi
by
7.8k points

2 Answers

1 vote

Answer:

D

Explanation:

answered
User IHS
by
7.7k points
6 votes
the accumulated value,y

Y=360*(1+0.03)^x

answered
User Kexxcream
by
8.1k points
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