Your answer would be 3.75.
Answer: m=20
Step-by-step explanation:
Answer:
1000
Step-by-step explanation!
The formula for the amount accrued [ƒ(x)] on an investment earning compound interest is f(t) = P(1 + r)^t where:
P = the amount of money invested (the principal)
r = the interest rate per payment period expressed as a decimal fraction
t = the number of periods
Your formula is
f(x) = 1000(1 + 0.05)^x
In comparison, we can see that the term that represents the amount of money originally invested is 1000.
The answer is A.
The reason being straight lines mean equal proportions, while curved lines are exponential or quadratic.