ethanpaulwalls
Answered

At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

May i have some help please ^^ im not really good at this stuff
Samra's guardians invested money for her into a 529 College Savings Plan, which compounds annually. The growth of the savings plan per year, x, can be represented by the exponential function f(x) = 400(1.02)x. What is the meaning of the y-intercept in the context of the problem?

The initial value of the investment is $400.
The principal amount put into the savings plan is $1.02.
The percent rate of change is 400%.
The average rate of change that is occurring is 1.02.

Sagot :

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.