Question

The value, y, in dollars of an autographed basketball after x years can be represented by the function y=4000(1.05)x.

What is the value of the basketball after 5 years to the nearest dollar?

Answer 1

I took the test!!

Explanation:

Pit this in your calculator exactly like this 4,000(1.05)^5 and you get the answer 5,105.12625. So round your answer to the nearest dollar, which is 5,105.