Abank deposit that earns that earns interest annually is given by the function f(x)=1500(1.04)^x . what is the initial deposit?
a. $1,500
b. $1.04
c. $1,560
d. $40

f

step-by-step explanation:

f

let x be the money she spent so that she can earn the free t-shirt.

since, she already spent $112.49

⇒

also, as per the statement: jennifer must spend $250 or more in order to qualify for a free t-shirt at the store.

then,

we have an inequality i.,e

subtract 112.49 from both sides we get;

therefore, $137. 51 more money does jennifer need to spend so that she can earn the free t-shirt