Settesda1sElean Settesda1sElean

03-04-2017
Mathematics

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The total value of the account is based on the function f(x) = q • 1.025x, where x represents the number of years the money has been in the account. if no deposits or withdrawals have been made since the initial deposit, which equation represents the total value of the account?

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GodLuna GodLuna

05-04-2017

Would it not just be q? Since I am assuming that 1.025 is the interest rate of the bank hence why it would be multiplied by the year.

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