THE PERSON BELOW ME OR ABOVE ME IS CORRECT
5/8=0.625
7/12=0.583......
5/8 is bigger as ive put both into a decimal as it is easier to tell
Solution :
Amount of money Victoria has = $200
The amount modelled by function = h(x) = 200
According to the function,
s(x) = (1.05)x - 1
It means that the total amount of the interest that Victoria will receive s(x) is equal to original amount of $200 which multiplied by the rate of interest (1.05) and then multiplied by the time that Victoria keeps the money in the bank (x) minus 1.
y = mx + b
I mean, thats the formula? :/