A limited-edition poster increases in value each year. After 1 year, the poster is worth $20.70. After 2 years, it is worth $23.81. Which equation can be used to find the value, y, after x years? (Round money values to the nearest penny.)

y = 18 (1.15) x

y = 18 (0.15) x

y = 20.7 (1.15) x

y = 20.7 (0.15) x

Question

6 August, 21:25

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Sawyer Ingram · Answer 1

Y = 18 (1.15) x is the answer

After one year

18 * (1.15) = 20.7

After two years

18 * (1.15) ^ (2) = 23.81