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Andy deposits $100 in a bank account that earns $5 interest annually. Write an equation for the balance, p, in the account after y years.

Andy deposits $100 in a bank account that earns $5 interest annually. Write an equation for the balance, p, in the account after y years.
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3 votes
Andy deposits $100 in a bank account that earns $5 interest annually. Write an equation for the balance, p, in the account after y years.

asked
User Mathieu Rene
by
8.3k points

1 Answer

2 votes

Answer:

y5+100=p

Explanation:

answered
User Shubhanu Sharma
by
8.0k points
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