Answer: 9
Step-by-step explanation:
From doing the math I think it should be 9
Since the price is increasing by percentage, rather than a constant rate, we will be using the exponential equation format, which is y=ab^x (a = initial value, b = growth/decay)
Since the value was $590 in the year 2000, 590 will be our a variable.
Since the value is *increasing* by 35%, add 1 and 0.35 (35% in decimal form) together to get 1.35. 1.35 is going to be your b variable.
Putting our equation together, our equation is f(x) = 590(1.35)^x
Answer:
2,535,008
two million , five hundred thirty five thousand, eight
