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Mrs. Varner deposited q dollars in a bank account that has been earning annual interest. The total value of the account is based on the function f(x) = q • 1.025x, where x represents the number of years the money has been in the account. If no deposits or withdrawals are made after the initial deposit, which equation represents the total value of the account 5 years from now?

User Lexx
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2 Answers

2 votes
f(x) = q x 1.025(5)
f(x) = 5.125q
this is the correct answer
User Prabhat Kumar Jena
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3 votes
f(x) = q x 1.025(5)
f(x) = 5.125q
Not sure what the options are. This is the best I can do for an answer
User Abhimuralidharan
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7.9k points