Respuesta :
The exponential function models the data for the amount earned by Miguel when he invests his money is f(x) = $400 x (1.08)^y
What is the exponential function?
Exponential functions are in the form: a[tex]b^{x}[/tex]
Where:
- a = initial value
- b = rate of increase
- x = number of years
FV = $400 x (1.08)^y
To learn more about exponential functions, please check: https://brainly.com/question/26331578
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Miguel invested $400 in a bank account that pays interest. The account’s value over time, in x years, is given in the table.
Which exponential function models the data? Round the numerical values to the nearest hundredth.
f(x) = 1.41(30.69)x
f(x) = 37.74(396.48)x
f(x) = 390.60(1.41)x
f(x) = 401.19(1.08)x
ANSWER>D
