Susannah has a high-yield savings account into which she deposits $160 each month. At the beginning of the year, Susannah's account balance is $500. Not including interest, what will her account balance be at the end of the year?

$2,100
$1,920
$2,420
$2,500
@Samreina

Question

Susannah has a high-yield savings account into which she deposits $160 each month. At the beginning of the year, Susannah's account balance is $500. Not including interest, what will her account balance be at the end of the year?

    $2,100
    $1,920
    $2,420
    $2,500
@Samreina

anonymous · Answer

500+160(12)
2420
$2420 would be it

anonymous · Answer

The answer is $2420. The question can be set up as an equation as y=500+160x , with 500 being the initial amount, 160 being the amount added per month, and x being the amount. of months. If you plug in 12 (a year) for x, you should get 1,920, which is then added to 500.

anonymous · Answer

ohh ok i get that. thank you i have 2 more :)

anonymous · Answer

let me just right this down so i have it for future purposes