makenziemason27 makenziemason27
  • 19-05-2021
  • Mathematics
contestada

rebecca has a college savings plan. the equation that represents how much money she expects

Respuesta :

MrRoyal
MrRoyal MrRoyal
  • 24-05-2021

Answer:

The initial amount

Step-by-step explanation:

Given

[tex]f(x)= 5000 * (1.08)^x[/tex]

See comment for complete question

Required

What 5000 represents

The given formula represents an exponential function

[tex]f(x) = ab^x[/tex]

Where

[tex]a \to[/tex] initial value

So, by comparison:

[tex]a = 5000[/tex]

In this context, 5000 represents the initial amount

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