Samuel took an antique clock that his grandfather had purchased, to be appraised. The appraiser evaluated the current price of t
he clock to be $400 and stated that the value will continue to increase at 2% per year.
Which of the following graphs shows the value of the antique clock, y, in dollars, after x years?
Which of the following graphs shows the value of the antique clock, y, in dollars, after x years?
1 answer:
This is an exponential growth problem. Exponential growth can be expressed mathematically in the following way:
.
Parameter a presents initial amount.
Parameter r is percentage increase.
Parameter t is time.
An equation that would describe given problem is:
t is the time in years.
I attached the graph of this function.
Parameter a presents initial amount.
Parameter r is percentage increase.
Parameter t is time.
An equation that would describe given problem is:
t is the time in years.
I attached the graph of this function.
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Hey there!
Step By Step:
Well so we know that 12 is about half of an 25. So what we are gonna do is to buy 3 of 12$ and 2 of 25$.
3x12=36 and 2x25=50.
With adding those two last numbers, you’ll get $86.
Graph would be down below.
Hope it helps :D
