Mathematics

6 April, 16:05

A student used f (x) = 5.00 (1.012) * to show how the balance in a savings

increase over time. What does the 5.00 represent?

A

The interest the savings account earned for the first year

B

The annual interest rate of the savings account

C

The number of years the savings account has earned interest

D

The starting balance of the savings account

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