Connect with a global community of experts on IDNLearn.com. Find reliable solutions to your questions quickly and easily with help from our experienced experts.
(03.08 LC)
Julian opened a college savings account. The amount of money in his account can be calculated using the function C(t) = 500(1.03)t, where t represents the time in years since the initial deposit. What does the value 500 represent in the function?
a
The amount of money in Julian's account after one year
b
The amount of interest Julian will earn each year
c
The amount of money for Julian's initial deposit
d
The maximum amount of money Julian can earn in his account
Sagot :
Thank you for joining our conversation. Don't hesitate to return anytime to find answers to your questions. Let's continue sharing knowledge and experiences! Discover insightful answers at IDNLearn.com. We appreciate your visit and look forward to assisting you again.
