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2 years ago

5

Liam chooses an investment plan that requires him to make an initial investment of $8,000. Then he contributes equal monthly inv

estments of $300 for the next 10 years. What function represents the amount in dollars that Liam has invested in terms of the number of months since he made the initial investment?

2 answers:

kompoz [17]2 years ago

8 0

Answer: The function would be,

f(x) = 8000+300x

Where x is additional investment for each month.

Step-by-step explanation:

Given,

The initial investment = $ 8000,

Also, he contributes equal monthly investments of $300,

Additional investment for x months = 300x

Thus, his total investment for x months = Initial investment + additional investment

f(x) = 8000 + 300x

Which is the required function.

Tatiana [17]2 years ago

6 0

36,000 Is a random answer I did because I multiplied 300 x 12=3,600 then I multiplied that by 10 and ended up with 36,000 so I am probably not helping.

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Step-by-step explanation:

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