The amount of money, in dollars, in a savings account after x years is given by m(x) = 10,000(1.03)x. what does the value 1.03 represent?
a) the original deposit was $103.
b) there is a 3 percent increase in the savings account each year.
c) the savings account earns $103 interest per month.
eliminate
d) there is a 103 percent increase in the savings account each year.

Option B) There is a 3 percent increase in the savings account each year.

Step-by-step explanation:

we have

This is a exponential function of the form

where

M(x) represent the amount of money in a saving account

x represent the number of years

a is the original deposit (y-intercept)

b is the base

r is the rate or percent increase

The percent increase per year is the base of the exponential function decreased by 1.

so

In this problem we have

---> original deposit

Therefore

The percent increase per year is 3%

i believe the correct answer is option 4.principalities were small territories that were run by russian rulers.

which statement correctly defines principalities in northern asia in the 1200s? principalities were small territories that were run by russian rulers.

hope i could ! : )