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

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 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

anonymous · Answer

10,000

y = 10 (1.0605)^0 = 10*1 = 10,000

anonymous · Answer

y = 10(1.0605)^x, where x=0
y = 10(1.0605)^0 = 10(1) = 10

B. $10,000