Question

Tony purchased a rare 1959 Gibson Les Paul guitar in 2000 for $14 thousand. Experts estimate that its value will increase by 12% per year.

Write an exponential function that models this problem. Note: y is in thousands.
A) y = 12(1.14)x
B) y = 14(1.12)x
C) y = 2000(1.14)x
D) none of the above Tony purchased a rare 1959 Gibson Les Paul guitar in 2000 for $14 thousand. Experts estimate that its value will increase by 12% per year.

Write an exponential function that models this problem. Note: y is in thousands.
A) y = 12(1.14)x
B) y = 14(1.12)x
C) y = 2000(1.14)x
D) none of the above @Mathematics

Answer 1

please help!

Answer 2

B i guess

Answer 3

14000(1.12)^x
so none of the above

Answer 4

y is in thousands, so B is the correct one

Answer 5

Thank you!!!

Answer 6

oh yeah i dint read whole question

Answer 7

B is correct