Alisa buys a watermelon every year. The first time she bought a watermelon, it cost $2.50. She notices the price is getting more expensive, at a rate of 3% per year.

Alisa sketches a graph of the situation, labeling the y-intercept and the point representing the price in Year 4.

Which statements are true?

Select each correct answer.

http://prntscr.com/dilnbz

Question

Alisa buys a watermelon every year. The first time she bought a watermelon, it cost $2.50. She notices the price is getting more expensive, at a rate of 3% per year.

Alisa sketches a graph of the situation, labeling the y-intercept and the point representing the price in Year 4.

Which statements are true?

Select each correct answer.

 http://prntscr.com/dilnbz

yuii · Answer

A, D, and E?

mrs.ambrose614 · Answer

Are you sure????

yuii · Answer

Was I wrong?

mrs.ambrose614 · Answer

Go with what you believe is right

mrs.ambrose614 · Answer

Please stop second guessing yourself

yuii · Answer

Well, I'd rather not fail and lower my grade

sunnnystrong · Answer

$$y=2.50(1+\frac{ 3 }{ 100 })^x$$
You're right :D

yuii · Answer

Thank you.
Could you help me with more?