Julian opened a college savings account. The amount of money in his account can be calculated using the function C(t) = 500(1.03

Question

2 years ago

5

Julian opened a college savings account. The amount of money in his account can be calculated using the function C(t) = 500(1.03

)t, where t represents the time in years since the initial deposit. What does the value 500 represent in the function?
a
The amount of money in Julian's account after one year

b
The amount of interest Julian will earn each year

c
The amount of money for Julian's initial deposit

d
The maximum amount of money Julian can earn in his account

Mathematics

1 answer:

Dahasolnce [82] · Answer 1 · 2023-03-05T09:06:20+03:00

Dahasolnce [82]2 years ago

8 0

Answer:

C

Step-by-step explanation: