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You invest $1,000 into your retirement account. Your money earns 12% per year (in other words, your money grows 12% per year). What exponential function below represents this situation?
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You invest $1,000 into your retirement account. Your money earns 12% per year (in other words, your money grows 12% per year). What exponential function below represents this situation?

You invest $1,000 into your retirement account. Your money earns 12% per year (in-example-1
User Lavonda
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1 Answer

1 vote

Answer:

Option 3
f(x) = 1,000 x (1.12)^(x)

Explanation:

User Maep
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