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OpenStudy (anonymous):
The equation, y = 10(1.0605)x, represents the winning prize money, in thousands, for first place in the Indianapolis 500 auto race. x represents the number of years after 1911, the first year. What is the value for 1911 (x = 0)? This is the prize money, in thousands. For instance, if you got 23, this represents $23,000. A. $10,605 B. $10,000 C. $0
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