Answer:
The amount of money originally invested which is the principal P = 5,000
Step-by-step explanation:
Using the compound interest formula, the return on investment can be represented on the interest function as;
f(x) = P(1+r)^x
Where
P is the principal which is the initial investment.
r = rate Proportion
x = time (number of years)
Comparing to the given function;
f(x) = 5,000(1 + 0.04)^x
We can see that;
Principal P = 5,000
Rate r = 0.04
time = x
The amount of money originally invested which is the principal P = 5,000
