Question

the amount of money in a savings account after t years is represented by the function f(t)=3600(1.035)^t. what does the value 3600 represent in this situation?

Answer 1

we are given

$f(t)=3600(1.035)^t$

we can plug t=0

we get

$f(0)=3600(1.035)^0$

$f(0)=3600*1$

$f(0)=3600$

we know that

t=0 means at initial time

so, f(0) means initial amount

so,

3600 represents initial amount

so, option-4...........Answer

Answer 2

The value 3600 represents the amount of time consisting in t years.
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