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:

x=0, which represents the savings at the beginning of the savings plan

Step-by-step explanation:

Intercept, when x (the number of years/months) is zero. which represents the savings at the beginning of the savings plan

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