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Mathematics, 17.05.2021 18:50 Lamr

You have just been awarded $1600 for the art you entered in the art show! Now you have to decide what to do with your winnings. You have two saving plans for options: BANK #1: will increase your account $125 each year.

BANK #2: will increase your account 7% each year.

Write an equation for each bank. Your answer should look like this:

Bank 1: y = ...

Bank 2: y = ...

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