The equation, y = 3000(1.275)x, represents the amount raised by a school club for during fund raising each year, where x represents the number of years after the initial one. They raised $3000 during the initial year. Calculate the value for 10 years later. Given that this is a club fundraiser, does this value make sense?

yes

no

Question

The equation, y = 3000(1.275)x, represents the amount raised by a school club for during fund raising each year, where x represents the number of years after the initial one. They raised $3000 during the initial year. Calculate the value for 10 years later. Given that this is a club fundraiser, does this value make sense?
 
		
yes
 		
no

anonymous · Answer

replace $x$ by 10 and see what you get

anonymous · Answer

y=34058.3107 lol thats what I got?

anonymous · Answer

i.e. compute $3000(1.275)^{10}$ http://www.wolframalpha.com/input/?i=3000%281.275%29^10

anonymous · Answer

looks good to me except it is  money, so round to two decimal places

anonymous · Answer

so its yes???

anonymous · Answer

yes