Question

the price of silver has increased by 15% per year from 2000. in the year 2000, harry bought a silver bowl for $190. which of the following equations can be used to repreasent the price of the bowl x years after 2000?

Answer 1

The equation to represent the price is y = 190(1.15)x

What is equation?

An equation is a mathematical expression that contains an equals symbol.

Given:

price of silver has increased by 15% per year from 2000.

Price for  silver bowl = $190.

Total increment= 100% + 15% = 115% = 1.15

The price of bowl after x years

y = 190*(1.15x)

y = 190(1.15)x

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