Answer:
1000
Step-by-step explanation!
The formula for the amount accrued [ƒ(x)] on an investment earning compound interest is f(t) = P(1 + r)^t where:
P = the amount of money invested (the principal)
r = the interest rate per payment period expressed as a decimal fraction
t = the number of periods
Your formula is
f(x) = 1000(1 + 0.05)^x
In comparison, we can see that the term that represents the amount of money originally invested is 1000.
