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skelet666 [1.2K]
3 years ago
12

The function below represents the annual interest Alexander earns on a savings account. Identify the term that represents the am

ount of time that the money is accruing interest. f(x) = 500(1 + 0.02)x  500 1 0.02 x​
Mathematics
1 answer:
Sedaia [141]3 years ago
3 0

Answer:

\huge \dag \sf{Answer \: is}

Here, x represents the amount of time that the money is accruing interest.

Step-by-step explanation:

The function below represents the annual interest Alexander earns on a savings account.

f(x) = 500(1 +0.02)x

Here, x represents the amount of time that the money is accruing interest.

We know that, if R% of interest is accrued over a principal of P over time , T,

then the net interest accrued is given by,

   

  

 P×R×T/100

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