The initial sum of money in the account is 9000
The function is given as:
A = 9, 000(1.03)^t
The above function is an exponential function.
An exponential function is represented as:
A = ab^t
Where
a represents the initial value
By comparison;
a = 9000
Hence, the initial sum of money in the account is 9000
Read more about exponential function at:
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