What is the value of x?
1 answer:
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Answer:
5.
Step-by-step explanation:
==>>We would have to multiply the original amount by 1.50^x because the initial amount would be 1, and 50% increase would be .5 so 1.5 and you raise it to the number of years to show the total increase.
- Let's test it
Initial: 10,000
After 1 year
10,000 + (.5*10000)
10,000 + 5000 = 15,000
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After 2 years
15,000 + (.5*15000)
15,000 + 7500 = 22,500
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Let's try our equation.
*Edit: I just seen that the question is related to the picture question