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------------------------------------------------ A student used [tex]f(x) = 5.00 (1.012)^x[/tex] to show the balance in a savings account will increase over time. What does the [tex]5.00[/tex] represent?

The student used f(x) = 5.00 (1.012)x to represent the balance in a savings account that will increase over time. The value of 5.00 in this equation represents the initial balance in the savings account.

An equation that can be used to represent the balance in a savings account that will increase over time is given by:f(x) = abx

where a is the initial balance, b is the interest rate as a decimal (for example, if the interest rate is 4%, then b = 0.04), x is the number of years, and f(x) is the balance after x years.

The student used f(x) = 5.00 (1.012)x to represent the balance in a savings account that will increase over time. The initial balance is $5.00, the interest rate is 1.2% (or 0.012 as a decimal), and x represents the number of years.

You can learn more about savings accounts at: brainly.com/question/1446753

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