Question

Samuel took his grandfather's antique clock to be appraised. The appraiser evaluated the current price of the clock to be $400 and stated that the value will continue to increase at 2% per year. Which of the following graphs appropriately displays the value of the clock over time? A. B. C. D. (i couldnt get the graphs to appear for some reason sorry)

Answer 1

The equation is y = 400 (1.02)^x

Explanation:

I graphed the above equation. Please refer to the image.