The equation y=10(1.0605)^x represents the winning prize money, in thousands, for first place in the Indianapolis 500 auto race.

Question

3 years ago

10

The equation y=10(1.0605)^x represents the winning prize money, in thousands, for first place in the Indianapolis 500 auto race.

Let x represent the number of years. Let x=0 for the year of the race in 1911. Find the winning prize money in 1961? (Hint: Let x = 50 for 1961)

Mathematics

2 answers:

Andreas93 [3] · Answer 1 · 2022-03-10T03:38:43+03:00

Andreas93 [3]3 years ago

7 0

Using the value of x = 50 and putting it into the equation:

y = 10 x (1.0605)⁵⁰
y = 188.6

The winning prize money in 1961 is 188.6 thousand dollars.

slavikrds [6] · Answer 2 · 2022-03-10T05:06:45+03:00

slavikrds [6]3 years ago

3 0

Answer:

$189,000

Step-by-step explanation:

I know because i took the test