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You start a savings account with $200 and save $30 each month. Let f(n) be the amount in the account before the nth month. How much money will you have invested at one year?

Respuesta :

MrRoyal

The money you will have invested at one year is $560

How much money will you have invested at one year?

The given parameters are:

Initial = $200

Rate = $30

Let the number of months be n

So, we have

f(n) = Initial + Rate * n

This gives

f(n) = 200 + 30n

There are 12 months in a year

So, we have:

f(12) = 200 + 30 * 12

Evaluate

f(12) = 560

Hence, the money you will have invested at one year is $560

Read more about linear equations at:

https://brainly.com/question/1884491

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