The value of the painting in 5 years is $4,320.36
<h3>Expoential functions</h3>
The standard exponential function is expressed as:
Given the following
- P = $3800
- r = 2.6% = 0.026
- t = 5 years
Substitute into the formula
A = 3800(1+0.026)^5
A = 3800(1.026)^5
A = 4,320.36
Hence the value of the painting in 5 years is $4,320.36
Learn more on exponential function here: brainly.com/question/12940982
Step-by-step explanation:
We observe the line graph.
For every 1 block across, the line goes up by 2 blocks. Therefore Slope = Rise/Run = (2)/(1) = 2.
Also, the y-intercept when x = 0 is 2.
Slope-intercept form: y = mx + c
Hence we have y = 2x + 2. (C)