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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? y = 360(1.3)x y = 360(0.3)x y = 360(0.03)x y = 360(1.03)x |
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Answer» y=360(1.03)^xStep-by-step explanation: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 Josiahs account, y, after x years?D. y = 360 (1.03)^x |
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