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

y = 360(1.03)x

Step-by-step explanation:

F is the future worth, P is the present worth, I will be the interest rate, and n is the number of years.

The principal amount of the money = $360

Annual rate of interest = 3%

Thus, the amount after x years which is increased by 3%.

Since, this amount represented by y,

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

This amount represented by y,

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

Hope this helps you!

Have a nice evening! ;)

i you goofed up when writing this, because hnot is not a word minusf is not either. i cannot answer   because of that.

step-by-step explanation:

susie has 7 apples