In January, you deposit $150 into your checking account. Every month after that, you deposit 10% more than you did the month before. How much did you deposit in August?
The equation would be Y=15x+150 because 10% of 150 is 15. Next you coun up how many months you have up untill August and replace the x with it. So the equation would be Y=15(7)+150. ___Y=105+150___Y=$255. So $255 would be your answer.