Mathematics, 21.04.2020 04:30, youby

Wilfredo opens a savings account that earns 1% annual interest. He makes a one time
deposit of $1200 that his uncle Donald gave him. The equation be
low represents the
value of the savings account, y, after x years.
y=1200(1.01)

If Wilfredo doesn't make any additional deposits or withdraws, how much money will be in the savings account after 6 years?Round to the nearest penny please I need help fast

Answers: 2

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Wilfredo opens a savings account that earns 1% annual interest. He makes a one time
deposit of...