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Mathematics, 25.04.2020 02:14 Killion2022

The function f(x)=200×1.02^x models the amount of money in jordan's savings account where x represents the number of months since jordan first placed his money into his account which of the following are true statements?
1- the function models exponential growth
2- 200 represents the amount of money jordan put in his savings account in the beginning
3- the rate of decay is 2%
4- jordan has $208.08 after the first month of his savings account
5- at the end of four months, jordan will have more than $220 in savings

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