nancyfelipe
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After 1 year, a bank account contains $7,746.90. After 2 years, the same account contains $7,901.84. Assuming no deposits or withdrawals are made, which equation can be used to find y, the amount of money in the account after x years? (Round money values to the nearest penny.)

y = 7591.96(1.02)x
y = 7591.96(0.02)x
y = 7595(1.02)x
y = 7595(0.02)x

Respuesta :

These are the choice given. I'll just substitute x with 1 and 2 to see if the amount corresponds to the given amount.A.    y = 7591.96(1.02)x   y = 7,591.96(1.02)¹ = 7,743.80   y = 7,591.96(1.02)² = 7,898.68 
B.    y = 7591.96(0.02)x y = 7,591.96(0.02)¹ = 151.84y =7,591.96(0.02)² = 3.04 
C.    y = 7595(1.02)x    THIS IS THE CORRECT EQUATION.y = 7,595(1.02)¹ = 7,746.90y = 7,595(1.02)² = 7,901.84
D.    y = 7595(0.02)x

Answer:

the answer is C  y = 7595(1.02)x


Step-by-step explanation: