Mathematics, 16.02.2021 22:40 ktie9614

The amount of money in a savings account is represented by the function f(x) = 500(1.04)*. Which of
the following statements is correct?

A. The investment will go at a rate of 40%

B. The initial investment was $104

C. The investment will grow at a rate of 4%

D. The initial investment was $40

Answers: 2

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The amount of money in a savings account is represented by the function f(x) = 500(1.04)*. Which of...

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More questions: Mathematics Another questions

The amount of money in a savings account is represented by the function f(x) = 500(1.04)*. Which of the following statements is correct? A. The investment will go at a rate of 40% B. The initial investment was $104 C. The investment will grow at a rate of 4% D. The initial investment was $40

Answers

Another question on Mathematics

The amount of money in a savings account is represented by the function f(x) = 500(1.04)*. Which of
the following statements is correct?

A. The investment will go at a rate of 40%

B. The initial investment was $104

C. The investment will grow at a rate of 4%

D. The initial investment was $40