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16 August, 10:03

Aleena has a savings account that gives 5% annual interest. She deposits $200 that she received on her birthday. Write an equation to show how much money she would have after x years.

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  1. 16 August, 10:22
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    Answer:the equation is 200 + 10x

    Step-by-step explanation:

    The formula for simple interest is expressed as

    I = PRT/100

    Where

    P represents the principal or initial amount deposited into the account.

    R represents interest rate on the principal

    T represents time in years

    I = interest after t years

    From the information given

    T = x years

    P = $200

    R = 5%

    Therefore

    I = (200 * 5 * x) / 100

    I = 1000x/100

    I = 10x

    Therefore, the equation representing the total amount of money that would be in the account after x years would be

    200 + 10x
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