Mathematics, 16.12.2020 20:20 BookandScienceNerd
The function f(x) = 3,189(1 + 0.05)x represents the amount of money in a savings account where x represents time in years. What does the 3,189 represent?
The initial amount of money placed in the savings account
The amount of money in the savings account after one year
The amount of money added to the savings account each year
The growth rate
Answers: 3
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