Question

What is the answer please hurry I need helpp

Answer 1

Hey!

A. $15 dollars were initially deposited into the account, which grows at a annual rate of 2%

UNDERSTAND why:
this shows the initial amount then the rate of growth while the X in this equation is the eXponential

Answer 2

The given function is f(x) = 15(1.02)^x, where x is the number of years from the date at which money is initially deposited.

This means that $15 were initially deposited into the account, and the amount grows at an annual rate of 2% (which is represented by 1.02 being raised to the power of x).

Therefore, the correct answer is: $15 were initially deposited into the account, which grows at an annual rate of 2%.

Hope I helped you...