Mathematics, 24.10.2019 12:43, bhopainting

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

Answers: 3

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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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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