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 amount of prize money in 1961? Use x = 50, as it is 50 years after 1911. Round to the nearest whole number and add three zeros to the end. For instance, if you get an answer like 142.8, this rounds to 143, and add 3 zeros to get $143,000.
A. $189,000
B. $530,000
C. $80,000

Question

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 amount of prize money in 1961? Use x = 50, as it is 50 years after 1911. Round to the nearest whole number and add three zeros to the end. For instance, if you get an answer like 142.8, this rounds to 143, and add 3 zeros to get $143,000.
	A.	$189,000
	B.	$530,000
	C.	$80,000

anonymous · Answer

hi, do you need help with this?

hero · Answer

Don't just stare at it. Provide a solution.

anonymous · Answer

A solution.

anonymous · Answer

if you're not part of the solution you're part of the precipitate

anonymous · Answer

its B) $530,000

y = 10 *(1.0605)* 50

y = 530.25

round off to the nearest number and you get 530

add 3 zeros and you get $530,000

anonymous · Answer

B.

y=10*1.0605*50

y=500*1.0605

y=530.25

rounded off to y=530

adding 3 zeros Ans= $530000