Question

the function f(x) =50(1+0.17)^t models the value of a comic book after t years. the growth is compounded annuall. based on the function, what is the original value of the comic book?​

Answer 1

The original value of the comic book is
`\$50`

Explanation:

we have

`f(x)=50(1+0.17)^(t)`

we know that

The original value of the comic book is equal to the value of the function for t=0

so

substitute the value of t=0 in the function

`f(0)=50(1+0.17)^(0)`

`f(0)=50(1)=\$50`