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The original value ofa painting is $1100 and the value increases by 12% each year. Write an exponential function to model this situation.Then find the value of the painting in 1…

The original value ofa painting is $1100 and the value increases by 12% each year. Write an exponential function to model this situation.Then find the value of the painting in 1…
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the original value ofa painting is $1100 and the value increases by 12% each year. Write an exponential function to model this situation.Then find the value of the painting in 15 years

asked
User Krunal Panchal
by
7.5k points

2 Answers

4 votes

Answer:

y=1100(1.12)^15

Explanation:

answered
User JoePerkins
by
7.5k points
5 votes
The original value of a painting is $1100, and the value increases by 12% each year. Write an exponential growth function to model this situation. Then find the value of the painting in 15 years

$6020.92

answered
User Loutre
by
9.0k points
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