The function below represents the annual interest Charlotte earns on a savings account. Identify the term that represents the interest rate.

f(x) = 1,000(1 + 0.04)x

a:1000
b:1
c:0.04
d:x

Respuesta :

Answer: C.

Step-by-step explanation:

0.04 is the interest rate because it is equivalent of 4%.

Answer: 0.04

Step-by-step explanation: