Question

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The amount f(x), in dollars, in account A after x years is represented by the function below:

f(x) = 10,125(1.83)

Part A: Is the amount of money in account A increasing or decreasing and by what percentage per year?

Answer 1

Answer:

The amount is increasing and is increasing by 3.34% each year?

Step-by-step explanation:

Anything times a number higher than 1 will increase. 10125×1.83=18528.75.