The price of gold has increased by 35% per year from 2000. In the year 2000, Harry bought a gold ring for $590. Which of the following functions f(x) can be used to represent the price of the ring x years after 2000?
The function representing the price of the ring x years after 2000 is f(x) = (100 + 35)/100 *x + 590 = 135/100 *x + 590 = 1.35x + 590 i.e. f(x) = 1.35x + 590
