If you put $1,000 in a savings account that compounds interest, at a rate of 30% once a year, what function would represent this situation? Fill in the blanks: E. A(x) = _____(1 + ___)x
The answer would be A(x)= 1000(1+.3)x. The form of this compound interest formula is initial value times 1 plus the rate as a decimal times x. I hope this helped! If it did please give brainliest answer, rate, and thank!
