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Consider the investment modeled by the function: у = 3500 • 0.975х What was the amount initially invested?

User Danprice
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1 Answer

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Final answer:

The amount initially invested in the function у = 3500 • 0.975х is $3,500, calculated by evaluating the function when x = 0.

Step-by-step explanation:

The question asks about the amount initially invested in an investment function which is modeled by

у = 3500 • 0.975х. To find the initial investment, we need to evaluate the function at x = 0, because that represents the starting point of the investment before any changes due to interest or depreciation occur.

When x = 0, the equation simplifies to y = 3500, because any number raised to the zero power is 1.

Therefore, the amount initially invested is $3,500.

User Ian Overton
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