$4.96
$3,030
$4,960
The standard form of writing exponential function is given as:
y = ab^x. Mary’s initial investment is $3.03
The standard form of writing exponential function is given as:
y = ab^x
where
a is the base
x is the exponent
Given the Mary’s investment account can be modeled by the function M(x) = 3.03(2.18)^x
Her initial investment is the point where x = 0
Substitute
M(x) = 3.03(2.18)^x
M(0) = 3.03(2.18)^0
M(0) = 3.03
Hence Mary’s initial investment is $3.03
Learn more on exponential function here: brainly.com/question/12940982
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Answer:
Therefore, the value of (y+1) is -1