asked 2.5k views
2 votes
Rebecca has a college savings plan. the equation that represents how much money she expects

asked
User Flix
by
7.8k points

1 Answer

4 votes

Answer:

The initial amount

Explanation:

Given


f(x)= 5000 * (1.08)^x

See comment for complete question

Required

What 5000 represents

The given formula represents an exponential function


f(x) = ab^x

Where


a \to initial value

So, by comparison:


a = 5000

In this context, 5000 represents the initial amount

answered
User Daniel Moses
by
7.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.