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5 November, 05:15

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

+2
Answers (2)
  1. 5 November, 05:23
    0
    Answer: 0.04
  2. 5 November, 08:04
    0
    Answer: C.

    Step-by-step explanation:

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