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A student used f(x)=5.00 (1.012)x to show the balance in a savings account will increase over time.what does the 5.00 represent?

A student used f(x)=5.00 (1.012)x to show the balance in a savings account will increase over time.what does the 5.00 represent?
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A student used f(x)=5.00 (1.012)x to show the balance in a savings account will increase over time.what does the 5.00 represent?

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User Johann Oskarsson
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8.3k points

2 Answers

2 votes
The 5 represents the initial balance of the savings account.
answered
User Aous Mohammad
by
9.1k points
4 votes

Answer:

What the student started out with...

Explanation:

answered
User Erfan
by
8.0k points
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