Describe the variables and numbers that you used in your equation. (2 points)
У =
20,308 x (1 + 0.0507)*
The variable used in the equation is У, which represents an unknown quantity or value that is being determined.
The number 20,308 represents the initial value or starting point, which is multiplied by the expression (1 + 0.0507).
The number 0.0507 represents a decimal value or percentage that is being added to the initial value. It could represent an interest rate, growth rate, or some other factor that affects the final value of У.
The expression (1 + 0.0507) represents the multiplication of the initial value by the factor of (1 + 0.0507), which results in the calculation of the final value of У.