Rita has deposited $1000 in a bank account. at the end of each year, the bank posts interest to her account in the amount of 5% of the balance, but then takes out a $10 annual fee.

let bo be the amount rita deposited. write a recursive equation for the balance.

i think it might be a but you might want a second opinion

b. y = 4x - 2

step-by-step explanation:

to find a parallel equation to an equation, make sure both equations have the same slope but different y-intercepts.

y = 4x + 1

4 = slope

1 = y-intercept

y = 4x - 2

4 = slope

-2 = y-intercept

they both have the same slope but different y-intercepts, so, b. is the correct answer.

and to check your work, you can graph both equations. : )