Answer: The correct answer is Choice D.
This is an example of an exponential equation. They are in the form of y=ab^x, where a is the starting value, b is the rate and x is the number of years.
Our data starts at 2500 and increases by 5%, or 100% + 5% = 1.05.
If you put them together, you have the equation y = 2500(1.05)^x, Choice D.
A. $7.40
Adding $3.14 to $0.67 equals $3.81
You then could add $2.45 to $3.81 and get $6.26
Finally you add $1.14 to $6.26 and get $7.40
The correct answer is A :)
C because it's on the next one