Rebecca has a college savings plan. The equation that represents how much money she expects to have saved after x years is f(x) = 5000(1.08)x.
What does the value 5000 represent in the equation? Select all that apply.
Answer Choices:
A. The initial amount of money saved
B. The initial amount of time
C. The amount it increases in value each year
D. The time it takes to be worth $5,000
E. The y-intercept

A. The initial amount of money saved

Step-by-step explanation:

-The equation is a compound interest formula ,

where

Hence, 500 represents the initial amount saved.

the functions have the same rate of change i think. i narrowed it down to this answer and "the rate of change of tour 1 is greater" but i got it wrong using that answer so im assuming its the answer above. (this is a question i also answered from the iready site if anyone needs a reference)

the answer would be 0.54