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The price of gold has increased by 35% per year from 2000. In the year 2000, Harry bought a gold ring for $590. Which of the following functions f(x) can be used to represent the price of the ring x years
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The price of gold has increased by 35% per year from 2000. In the year 2000, Harry bought a gold ring for $590. Which of the following functions f(x) can be used to represent the price of the ring x years after 2000?

User LiamGu
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2 Answers

6 votes

Answer:

D: f(x) = 35(1.59)x

User Reins
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The function representing the price of the ring x years after 2000 is f(x) = (100 + 35)/100 *x + 590 = 135/100 *x + 590 = 1.35x + 590
i.e. f(x) = 1.35x + 590
User Paras Nath Chaudhary
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