Y = 500(1 + r)^x; where r is the rate and x is the number of years.
500(1 + r)^2 = 551.25
(1 + r)^2 = 551.25/500 = 1.1025
1 + r = sqrt(1.1025) = 1.05
Therefore, the equation that represents y, the value of the item after x years is
y = 500(1.05)^x
It’s 28 dollars because it is a total amount
I think the answer will be A
Answer:
-8
Step-by-step explanation:
Im gonna have to say its c
