Question

The function below represents the interest Larissa earns on an investment. Identify the term that represents the amount of money originally invested.

f(x) = 7,000(1 + 0.03)x

1
7,000
0.03
1.03

Answer 1

Am I right with B?

Answer 2

@timmyspu

Answer 3

@axie

Answer 4

Yes, B would be correct because 7,000 is considered the initial value or the value you "started" with. In this case, Larissa started with $7,000.

Answer 5

thanks so much

Answer 6

No problem :)