Willowblossom2006idn
Answered

Find the best answers to your questions with the help of IDNLearn.com's knowledgeable users. Ask your questions and receive prompt, detailed answers from our experienced and knowledgeable community members.


The value of a painting bought for $3,800 increases 2.6% each year. Use a graph to predict the
value of the painting in 5 years.

Sagot :

Abidemiokinidn

The value of the painting after 5 years is $44320.36

Exponential function

The formula for calculating the exponential function is expressed as:

[tex]f(x)=ab^x[/tex]

Given the following parameters

a = 3800
b = 1+r = 1 + 0.026 = 1.026

Substitute the given parameters into the formula

[tex]f(x) = 3800(1.026)^5\\f(x) = 3800(1.13693)\\f(x)=4,320.36[/tex]

Hence the value of the painting after 5 years is $44320.36

Learn more on exponential function here: https://brainly.com/question/12940982

Answer:

$4,320

Step-by-step explanation:

View image Madamsva
We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Thank you for choosing IDNLearn.com. We’re committed to providing accurate answers, so visit us again soon.