Mathematics, 26.01.2020 05:31 kawtharALSAMARY
Hank makes a deposit to his bank of $200. his bank rewards him with an annual interest rate of 8%
which of the following is the equation for hank’s bank account that will show its total amount y, at any year x.
a. y=200 + 1.08^x
b. y= 200 + 0.92^x
c. y= 200 * 0.08^x
d. y=200 * 1.08^x
also, what is the rate for hanks bank account?
Answers: 1
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Hank makes a deposit to his bank of $200. his bank rewards him with an annual interest rate of 8%
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