The total value of the account is based on the function f(x) = q • 1.025x, where x represents the number of years the money has

Question

3 years ago

11

The total value of the account is based on the function f(x) = q • 1.025x, where x represents the number of years the money has

been in the account. if no deposits or withdrawals have been made since the initial deposit, which equation represents the total value of the account?

Mathematics

1 answer:

Harman [31] · Answer 1 · 2022-06-22T23:04:59+03:00

Harman [31]3 years ago

6 0

Would it not just be q? Since I am assuming that 1.025 is the interest rate of the bank hence why it would be multiplied by the year.