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You put ome money in a bank account one year ago. You have not done anything with it ince. The bank take out a low balance fee of $0. 25 each month. After 8 month, you had $28 in the account. Chooe the equation that bet how the money in your bank account over time



Answer :

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To represent the amount of money in your bank account over time, we can use the following equation:

  • y = x - 0.25t

In this equation, y is the amount of money in your bank account, x is the initial amount of money you deposited in the account, and t is the number of months that have passed. The term "-0.25t" represents the low balance fee that is charged each month, which reduces the amount of money in your account by $0.25 for each month that passes.

Given that you had $28 in your account after 8 months, we can substitute these values into the equation to solve for x, the initial amount of money you deposited:

28 = x - 0.25(8)

Solving for x, we get:

x = 28 + 2

x = $30

Therefore, the initial amount of money you deposited in the account was $30. This means that the equation that best represents the money in your bank account over time is:

  • y = x - 0.25t

where x = $30 and t is the number of months that have passed.

Learn more about Linear Equations here:

https://brainly.com/question/26260688

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