Question: Determine an equation in the form y = a (b )* that accurately models each of the situations below: a) Josephine opens a new savings

Determine an equation in the form y = a (b )* that accurately models each of the situations below: a) Josephine opens a new savings account with CIBC that earns 0.0525% monthly interest. Josephine deposits $450.00 into this account on the first day of the first month. b) Harold purchases a brand-new vehicle for $45,515. According to recent data from Black Book this vehicle will depreciate 23% of its original value after the first year

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