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?

A. [tex]y = 360(1.3)^x[/tex]
B. [tex]y = 360(0.3)^x[/tex]
C. [tex]y = 360(0.03)^x[/tex]
D. [tex]y = 360(1.03)^x[/tex]

Question

High School

We appreciate your visit to 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. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!

Answer :

swapnalimalwadeVT swapnalimalwadeVT · Answer 1 · 2025-03-31T23:19:03-04:00

The equation represents the amount of money in Josiah’s account, y after x years is y = 360(1.03)^x.

Option D is the correct answer.

An expression contains one or more terms with addition, subtraction, multiplication, and division.

We always combine the like terms in an expression when we simplify.

We also keep all the like terms on one side of the expression if we are dealing with two sides of an expression.

Example: so

1 + 3x + 4y = 7 is an expression.com

3 + 4 is an expression.

2 x 4 + 6 x 7 – 9 is an expression.

33 + 77 – 88 is an expression.

We have,

The equation that represents the amount of money in Josiah’s account, y, after x years is:

y = 360 (1 + 0.03)^x

Simplifying the expression inside the parentheses:

y = 360(1.03)^x

Therefore,

The equation represents the amount of money in Josiah’s account, y, after x years is y = 360(1.03)^x.

Learn more about expressions here:

https://brainly.com/question/3118662

#SPJ7