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Bob purchased a comic book for $5 in the year 2000 and the value of the comic book appreciates at a rate of 8% a year. Write an exponential equation to model the value Bob’s comic book x years since he
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Bob purchased a comic book for $5 in the year 2000 and the value of the comic book appreciates at a rate of 8% a year. Write an exponential equation to model the value Bob’s comic book x years since he purchased it

User Ryanwinchester
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1 Answer

6 votes

Answer:

y=5(.08)^x

Explanation:

User Thomas Braun
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