Question

Mrs. Varner deposited q dollars in a bank account that has been earning annual interest. The total value of the account is based on the function f(x) = q • 1.025x, where x represents the number of years the money has been in the account. If no deposits or withdrawals are made after the initial deposit, which equation represents the total value of the account 5 years from now?

Answer 1

The correct answer is b

Answer 2

The answer is f(x) = q • 1.025x + 5