Max deposits money into a savings account that earns 3.5% interest applied annually. If Max initially deposits $450 into the acc
ount, how much money does the account hold after 5-years if Max does not deposit or withdraw any additional money
1 answer:
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Answer:
A.
Step-by-step explanation:
The options are:
For this exercise it is important to remember that, by definition, the Exponential parent functions have the form shown below:
Where "a" is the base.
There are several transformations for a function f(x), some of those transformations are shown below:
1. If and
, then the function is stretched vertically by a factor of "b".
2. If and
, then the function is compressed vertically by a factor of "b"
Therefore, based on the information given above, you can identify that the function that represents a vertical stretch of an Exponential function, is the one given in the Option A. This is:
Where the factor is:
And