The value of a collector’s item is expected to increase exponentially each year. The item is purchased for $500. After 2 years,

Question

motikmotik

3 years ago

8

The value of a collector’s item is expected to increase exponentially each year. The item is purchased for $500. After 2 years,

the item is worth $551.25. Which equation represents y, the value of the item after x years?

Mathematics

2 answers:

Dmitry_Shevchenko [17] · Answer 1 · 2022-05-10T15:51:19+03:00

Dmitry_Shevchenko [17]3 years ago

8 0

<span>The value of a collector’s item is expected to increase exponentially each year. The item is purchased for $500. After 2 years, the item is worth $551.25. Which equation represents y, the value of the item after x years? idk sorry</span>

Eva8 [605] · Answer 2 · 2022-05-10T17:31:23+03:00

Eva8 [605]3 years ago

6 0

551.25 x 1.05 ^ x = y

x, amount of years
y, value