Can someone explain how you would write this in a equation?
1 answer:
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SOLUTION
Given the question in the image, the following are the solution steps to answer the question.
STEP 1: Write the given function
STEP 2: Plot the given function
STEP 3: choose the correct graph
It can be seen from the plotted graph in step 2 that:
Hence, comparing the x-intercepts, the correct graph is seen in:
Answer:
Option d. the initial amount of money placed in the savings account
Step-by-step explanation:
we have
This is a exponential function of the form
where
a is the initial value
r is the growth rate
(1+r) is the base
x is the number of years
f(x) is the amount of money in a savings account
In this problem we have
a=$3,005
r=0.03=3%
(1+r)=1.03
therefore
3,005 represent the initial value ( the amount of money for the value of x equal to zero)