College

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

Answer :

Answer:

the initial balance

Step-by-step explanation:

5.00 is the value of f(0). It is the balance before any time has elapsed, the initial balance.

Other Questions