Samuel took an antique clock that his grandfather had purchased, to be appraised. The appraiser evaluated the current price of the clock to be $400 and stated that the value will continue to increase at 2% per year.


Which of the following graphs shows the value of the antique clock, y, in dollars, after x years?




Respuesta :

This is an exponential growth problem. Exponential growth can be expressed mathematically in the following way: 
[tex]y=a (1+r)^{t} [/tex].
Parameter a presents initial amount.
Parameter r is percentage increase. 
Parameter t is time.
An equation that would describe given problem is:
[tex]y=400 (1+0.02)^{t} [/tex]
t is the time in years.
I attached the graph of this function.

Ver imagen Demiurgos

Answer:

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Step-by-step explanation:

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