Indioscharmidn
Answered

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Please help me on this!

Please Help Me On This class=

Sagot :

Answer: Choice B

The initial amount in the account.

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Reason:

x is the number of years

x = 0 is the starting point. Let's plug that in to find...

[tex]y = 982(1.07)^x\\\\y = 982(1.07)^0\\\\y = 982(1)\\\\y = 982\\\\[/tex]

At the start, Sammy has $982 in the bank.

Side note: The 1.07 means the account is growing by 7% each year.

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