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Mathematics, 12.02.2020 21:05 raveransaw

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

The number of years the savings account has earned interest.

The interest the savings account earned for the first year.

The annual interest rate of the savings account.

The starting balance of the savings account.

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A student used f(x)=5.00(1.012)x to show how the balance in a savings account will increase over tim...
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