Just a tip that you can use apps on the computer called Math-way and Math papa for free (Sorry i wasn't able to answer but I tried my best) Hope This helps!

Step-by-step explanation:

3 0

2 years ago

50 PTS

liubo4ka [24]

Answer:

The correct option is B.

Step-by-step explanation:

The amount of money, in dollars, in a savings account after x years is given by $M(x) = 10000(1.03)^{x}$

This above equation represents that $10000 becomes M(x) after x years at a rate of interest 3% compounded in each year.

Therefore, the value in the expression 1.03 represents that there is a 3 percent increase in the savings account each year.

So, the correct option is B. (Answer)

8 0

3 years ago