The expression 10,600(1.0385)x represents the amount of money in an investment account with interest that compounds annually for x years. Interpret the meaning of the expression.

A

The initial investment is $10,385, and the growth rate of the investment is 1.06%.

B

The initial investment is $10,385, and the growth rate of the investment is 6%.

C

The initial investment is $10,600, and the growth rate of the investment is 1.0385%.

D

The initial investment is $10,600, and the growth rate of the investment is 3.85%.

The correct option is option (D)

The initial investment is $10,600 and the growth rate of the investment is 3.85%.

Step-by-step explanation:

The formula of compound interest:

A= Total amount after n years

P= Initial value of deposit

r= rate of interest compound annually

n= time is in year

Given expression is

Now we compare the given expression with the compound interest formula

So,

P= 10,600

r=0.0385 =3.85%

So, the initial investment is $10,600 and the growth rate of the investment is 3.85%.

the answer is d

step-by-step explanation:

y+3=-4(x-2)

y+3=-4x+8

  -3         -3  

y=-4x+5

70

step-by-step explanation:

2*5=10

4*15=60

60+10=

70