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.)

A.y = 18(1.15)x

B. y = 18(0.15)x

C.y = 20.7(1.15)x

D.y = 20.7(0.15)

Answer 1

we try each

A. 18(1.15)^1=20.7 correct
B will decrease
C is too much
D also decrase

A is answer