Josiah invests 360 dollars into an account that accrues 3 percent interest annually. Assuming no deposits or withdrawals are made, which equation represents the amount of money in Josiah’s account, y , after x years?
Answer
A
y is equal to 360 times 1 point 3 to the x th power
B
y is equal to 360 times 0 point 0 3 to the x th power
C
y is equal to 360 times 1 point 0 3 to the x th power
D
y is equal to 360 times 0 point 3 to the x th power