The price of gold has increased by 35% per year from 2000. In the year 2000, Harry bought a gold ring for $590. Which of the fol
lowing equations can be used to represent the price of the ring x years after 2000?
y = 590(1.35)x
y = 590(0.65)x
y = 35(0.41)x
y = 35(1.59)x
2 answers:
Answer:
y = 590(1.35)x
good luck
Answer:
Option first is correct.
Step-by-step explanation:
Here cost of gold ring in 2000 was = $590
Each year increase = 35%
in decimals = 0.35
therefore cost after increase will be 1+0.35 = 1.35 of initial that is
after 2 years = 
likewise after 3 years =
Similarly after x years it will be = 
Option 1 is correct!
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