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Delicious77 [7]
3 years ago
9

The value of a collector’s item is expected to increase exponentially each year. The item is purchased for $500. After 2 years,

the item is worth $551.25. Which equation represents y, the value of the item after x years?
y = 500(0.05)x
y = 500(1.05)x
y = 500(0.1025)x
y = 500(1.1025)x
Mathematics
1 answer:
guapka [62]3 years ago
4 0
The answer is y=500(0.1025)x
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