Answer:
Function 1
Step-by-step explanation:
Since the price is increasing by percentage, rather than a constant rate, we will be using the exponential equation format, which is y=ab^x (a = initial value, b = growth/decay)
Since the value was $590 in the year 2000, 590 will be our a variable.
Since the value is *increasing* by 35%, add 1 and 0.35 (35% in decimal form) together to get 1.35. 1.35 is going to be your b variable.
Putting our equation together, our equation is f(x) = 590(1.35)^x
I think 12 might be the second one, I'm not sure though!
Answer:
I gotchu the answer is 47
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