document.write( "Question 314634: Describe an investment that could be represented by the function f(x)=1200(1.065)^x.\r
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document.write( "I'm wondering if they're asking to solve for x or something else? I'm assuming the rate is 1-1.065= 0.065 which means the rate is 6.5% and the principle is P=1200. \n" );
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Algebra.Com's Answer #225007 by nerdybill(7384)![]() ![]() You can put this solution on YOUR website! The problem simply asks for you to describe the equation in words: \n" ); document.write( "An investment of $1200 is made with an expected return of 6.5% per annum. \n" ); document.write( "Here \n" ); document.write( "f(x)=1200(1.065)^x \n" ); document.write( "f(x) is the return on investment (plus prinicple) based on x years. \n" ); document.write( " \n" ); document.write( " |