Anna deposits $5,000 in the bank. Each month thereafter she deposits $500 a month. Determine how much money she will have in the bank after 2 years?

Respuesta :

$17,000-

You find this using the equation 500y+5000= x

Since there are 24 months in 2 years, you will do 500(24)+5000=x

12,000 +5000= 17,000

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Answer:

After 2 years Anna would have $17,000 In her bank account

Step-by-step explanation:

y = 500x + 5000

y = 500 x 24 + 5000

y = 12000 + 5000

y = 17000