Question

Liam chooses an investment plan that requires him to make an initial investment of $8,000. Then he contributes equal monthly investments of $300 for the next 10 years. What function represents the amount in dollars that Liam has invested in terms of the number of months since he made the initial investment?

Answer 1

8000+300x

Step-by-step explanation: I took the pretest

Answer 2

Answer: The function would be,

f(x) = 8000+300x

Where x is additional investment for each month.

Explanation:

Given,

The initial investment = $ 8000,

Also, he contributes equal monthly investments of $300,

Additional investment for x months = 300x

Thus, his total investment for x months = Initial investment + additional investment

f(x) = 8000 + 300x

Which is the required function.