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2 May, 12:41

The function below represents the annual interest Charlotte earns on a savings account. Identify the term that represents the interest rate.

f (x) = 1,000 (1 + 0.04) x

a:1000

b:1

c:0.04

d:x

+4
Answers (2)
  1. 2 May, 12:53
    0
    Answer: C.

    Step-by-step explanation:

    0.04 is the interest rate because it is equivalent of 4%.
  2. 2 May, 13:00
    0
    Answer: 0.04
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