You deposit $300 into a savings account that earns interest annually. The function g(x) = 300(1.04)x can be used to find the amount of money in the savings account, g(x), after x years. What is the range of the function in the context of the problem?

ℝ
[0, ∞)
[300, ∞)
[0, 300]

Question

02-11-2022
Mathematics

Answered

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You deposit $300 into a savings account that earns interest annually. The function g(x) = 300(1.04)x can be used to find the amount of money in the savings account, g(x), after x years. What is the range of the function in the context of the problem?

ℝ
[0, ∞)
[300, ∞)
[0, 300]

Sagot :

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