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Lily deposited $19 in a savings account that earns 1.3% simple interest. Which graph represents this scenario?

User Xorty
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Answer:

the total amount (balance) after x years with a principal of $19 and with simple interest of 1.3% is given by:

balance(x) = 19(1+0.013x)

Calculate for two values of x (for example x=0, balance = 19(1+0)=$19

and choose the graph that fits both points.

Explanation:

User Danny Gloudemans
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