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PLS HELP NEED THIS IN 1 HOUR 25 POINTS!!!! The function below represents the annual interest Alexander earns on a savings account. Identify the term that represents the amount o…

PLS HELP NEED THIS IN 1 HOUR 25 POINTS!!!! The function below represents the annual interest Alexander earns on a savings account. Identify the term that represents the amount o…
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PLS HELP NEED THIS IN 1 HOUR 25 POINTS!!!!

The function below represents the annual interest Alexander earns on a savings account. Identify the term that represents the amount of time that the money is accruing interest.

f(x) = 500(1 + 0.02)x

500
1
0.02
x

asked
User Gaf King
by
7.9k points

1 Answer

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Answer:

500: starting amount

(1 + 0.02): interest/growth rate

x: time

Explanation:

answered
User Fkorsa
by
7.8k points
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