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If you save $65 per month, express your total savings in x years algebraically.

User Pokaboom
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Final answer:

To express your total savings in x years algebraically if you save $65 per month, you can use the formula for compound interest. The algebraic expression for your total savings in x years would be A = 65(1 + 0/12)^(12x).

Step-by-step explanation:

To express your total savings in x years algebraically if you save $65 per month, you can use the formula for compound interest. The formula for compound interest is A = P(1 + r/n)^(nt), where A is the final amount, P is the principal amount, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years. In this case, the principal amount would be 65, the annual interest rate would be 0 (since you are not earning any interest on your savings), n would be 12 (since interest would be compounded monthly), and t would be x. Therefore, the algebraic expression for your total savings in x years would be A = 65(1 + 0/12)^(12x).

User Mparkitny
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