Question

A student used f ( x ) = 5.00(1.012) x to show how the balance in a savings account will increase over time. What does the 5.00 represent?

A: The annual interest rate of the savings account
B: The interest the savings account earned for the first year
C: The starting balance of the savings account
D: The number of years the savings account has earned interest

Answer 1

A student used f(x) = 5.00(1.012)* to show how the balance in a savings ... A student used f(x) = 5.00(1.012)* to show how the balance in a savings increase over time. What does the 5.00 represent? A The interest the savings account earned for the first year. B ... kamyawright is waiting for your help.

Explanation: