Answer:
5.00 is the value of the initial balance (i.e. when time is 0) in the savings account.
Explanation:
We have the function,
which represents the balance in the savings account.
Now, if we substitute x= 0, we have,
implies

As, 'any number with power 0 is equal to 1 i.e.
'.
We get,
implies
i.e. f(0)= 5.00
Thus, we see that,
5.00 is the value of the initial balance (i.e. when time is 0) in the savings account.