Question

By use of technology, we investigated Mary’s investment and created the model, M(x) = 3.03(1.28)2x, in thousands of dollars. What was Mary’s initial investment? $3.03 $4.96 $3,030 $4,960

Answer 1

The right answer is 3,030$ because it asks you to solve initial investment.

Answer 2

The initial investment was 3.03 because this is the value that does not change and comes before the value with the exponent "2x" is mentioned.