The correct interpretation of the initial value of the function \( f(x) = 35x + 50 \) is:
The initial value of 50 represents the one-time membership fee.
In this function, the term \( 50 \) is the constant, which indicates the cost incurred at \( x = 0 \) (i.e., before any months of membership have passed). The term \( 35x \) represents the monthly fee \( (35) \) multiplied by the number of months \( (x) \). Since there are no months yet, the cost at \( x = 0 \) is solely the one-time membership fee of \( 50 \).