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Over [174]
3 years ago
10

The function below represents the interest Kristina earns on an investment. Identify the term that represents the amount of mone

y originally invested.
f(x) = 5,000(1 + 0.04)x

1
0.04
1.04
5,000
Mathematics
2 answers:
Leni [432]3 years ago
7 0

Answer:

5,000

Step-by-step explanation:

Amanda [17]3 years ago
4 0

Answer:

\boxed{5000}

Step-by-step explanation:

The formula for the amount accrued on an investment earning compound interest is

f(x) = P(1 + r)^{x}

where

P = the amount of money invested

r = the interest rate per payment period expressed as a decimal fraction

t = the number of periods

Your formula is

f(x) = 5000(1 + 0.04)^{x}\\\text{By comparing the formulas, we see that the amount of money invested is $\boxed{\textbf{5000}}$}

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