Question

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.)

Answer 1

y= 3.11x+ 17.59

I got this equation by doing 23.81-20.70 to find m, which is 3.11.
Then to find b, or y-intercept, I subtracted 3.11 from 20.70 to get the origin all price and got 17.59