The value of a rare painting has increased each year since it was found at a garage sale. The value of the painting is modeled by the function f (x) = 799 (1.03) x. What does the 799 represent? What will the painting be worth after 5 years? Round your answer to the nearest dollar.
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Home » Mathematics » The value of a rare painting has increased each year since it was found at a garage sale. The value of the painting is modeled by the function f (x) = 799 (1.03) x.