Mathematics, 13.11.2020 06:00 lisamiller

Johnny invests $8000 in a bank account that obtains a simple interest rate of 4% per year. a. Write a function to represent how much money, y, is in the account after x years.
b. Use your equation to determine how much money is in the account after 20 years.
Please help!

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Johnny invests $8000 in a bank account that obtains a simple interest rate of 4% per year. a. Write a function to represent how much money, y, is in the account after x years. b. Use your equation to determine how much money is in the account after 20 years. Please help!

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Another question on Mathematics

Johnny invests $8000 in a bank account that obtains a simple interest rate of 4% per year. a. Write a function to represent how much money, y, is in the account after x years.
b. Use your equation to determine how much money is in the account after 20 years.
Please help!