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Andy deposits $100 in a bank account that earns $5 interest annually. Write an equation for the balance, p, in the account after y years.

Andy deposits $100 in a bank account that earns $5 interest annually. Write an equation for the balance, p, in the account after y years.
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Andy deposits $100 in a bank account that earns $5 interest annually. Write an equation for the balance, p, in the account after y years.

User RobinL
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1 Answer

4 votes
The answer would be p= 5(y)+100
User Maxjackie
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