Mathematics, 02.03.2020 02:35 Lovergirl13
JoeNah, DeKobian and Evan wrote equations to calculate the amount of money in a savings account after one year with 5% interest paid annually on an investment of dollars. Let B represent the balance of money saved.
JoeNah’s Equation: B = 1.5
DeKobian's Equation: B = + 0.05
Evan's Equation: B = (1+0.05)
The three students decided to see if their equations would give the same answer by using a $100 balance. Find the total amount of money in the savings account using each student’s equation. Show your work
Answers: 3
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JoeNah, DeKobian and Evan wrote equations to calculate the amount of money in a savings account afte...
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