Mathematics, 13.03.2021 01:50, asapmechee

The function f(t) = 2,708.92(1.12) - 12 models the amount of money in Caleb's investment account after 1 years.
Caleb says this means that the initial amount in the account was $2,708.92. Is he
correct? Why or why not?
1. Yes because 2708.92 is x by exponential term
2.Yes because f(0)=2708.92
3.No, because u need to x 2708.92 to find the initial amount
4. No, because f(0) is not 2708.92

Answers: 2

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The function f(t) = 2,708.92(1.12) - 12 models the amount of money in Caleb's investment account af...