Answer:
A. y = 45x + 100
B. $ 540
Step-by-step explanation:
y = 45x + 100
y = 45 x 12 + 100
y = 540 + 100
540 is your answer because it asks for yearly rate not total rate.
Answer:
y = 100 + 45x
$640
Step-by-step explanation:
y = 100 + 45x
One year = 12 months
y = 100 + 45(12)
y = 100 + 540 = 640