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Mathematics 15 Online
OpenStudy (anonymous):

Sarah had a couple of ddolaarrs

OpenStudy (anonymous):

@jim_thompson5910

OpenStudy (anonymous):

Does it mean that the 350 + new saving acoount= formula?

OpenStudy (danjs):

They tell you his savings function h(x) = 350, assume x is time, the 350 is the time x=0, he starts with that 350

OpenStudy (anonymous):

Ok, I see

OpenStudy (danjs):

The interest function s(x) = 1.04^x - 1 means each time you increase the time interval x you multiply your money by 1.04, (grows by 4%) then they take a dollar away for some reason

OpenStudy (anonymous):

Hm okay I get that too. Is that all?

OpenStudy (danjs):

remember, if something is to the 0 power, that is always = 1

OpenStudy (danjs):

g(x) = 350*(1.04)^x - 1 your 350 grows by 1.04 (4%) each time you increase X (time) by a fixed interval then they take a dollar from you

OpenStudy (anonymous):

Okay! Thanks so much man!!

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