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

13

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 first year of the race in 1911. Find the winning prize money in the first race?
A. $10,000

B. $100

C. $10,605

D. $106,050

Mathematics

2 answers:

Diano4ka-milaya [45] · Answer 1 · 2022-04-30T16:43:55+03:00

Diano4ka-milaya [45]3 years ago

8 0

I got C.
Hope this helps! :D

Anna [14] · Answer 2 · 2022-04-30T19:10:23+03:00

Answer: Option 'A' is correct.

Step-by-step explanation:

Since we have given that

The equation $y=10(10.0605)^x$ represents the winning prize money in thousands.

Let the number of years be 'x'.

Let x=0 for the first year for the race in 1911.

So, we need to find the winning prize money in the first race .

so, Put x= 0 in the equation;

$y=10(10.0605)^0\\\\y=10\times 1000\\\\y=\$10,000$

Hence, Option 'A' is correct.