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Ashley recently deposited $965 into a savings account. The bank told her that she can use the function below to determine how much money she has after x years. f(x) = 965(1.03)x What is her interest rate?
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Ashley recently deposited $965 into a savings account. The bank told her that she can use the function below to determine how much money she has after x years. f(x) = 965(1.03)x What is her interest rate?

User Dast
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Her interest rate would be 1.03 a year because she deposited the 965 and x is the number of years
User Butifarra
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