Darren has a savings account that earns interest, which is added to his account each year. He does not withdraw or add any other amount of money to the account. The expression 400(1.5)^n

Question

represents the value of the account after n years. What does the number 400 represent in this expression?

A.
the amount of money Darren started with in the account

B.
the rate of interest that Darren earns each year

C.
the amount of interest that Darren earns at the end of n years

D.
the amount of interest that Darren earns during the first year

Answer 1

In the expression \( 400(1.5)^n \), the number 400 represents the amount of money Darren started with in the account. Therefore, the correct answer is:

A. the amount of money Darren started with in the account.