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irina1246 [14]
2 years ago
5

The expression 10,785(1.0275)x represents the amount of money in an investment account with interest that compounds annually for

x years. Interpret the meaning of the expression.
Mathematics
1 answer:
Ksivusya [100]2 years ago
3 0

Answer: It shows the formula for "Amount" using the compound interest formula.

Step-by-step explanation:

Since we have given that

The expression :

10785(1.0275)^x

So, it can be rewritten as

10785(1+0.0275)^x\\\\=10785(1+\dfrac{2.75}{100})^x

Here, initial investment = $ 10785

Rate of interest = 2.75%

Number of years = x

So, it shows the formula for "Amount" using the compound interest formula.

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