Dominic deposited $300 in a bank account, earning 2.4% interest, compounded monthly. He made no deposits or withdrawals. Write an equation that can be used to find B, his account balance after t months.

asked Oct 17, 2022 17.1k views

17 votes

by Rhett

3.2k points

Please log in or register to add a comment.

5 votes

Answer:B=2.4t+300, 328.8

Step-by-step explanation: 300 is y intercept and w.4 is the interest per month, plug in 12

Alanaktion answered Oct 22, 2022

3.3k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.5m questions

4.4m answers