Dakota found a vintage skateboard from the 1980s in her parents' garage. The owner of the local skate shop told her the skateboard is currently worth $380 and will increase in value by about 7% each year. Write an exponential equation in the form y=a(b)x that can model the skateboard's value, y, in x years. Use whole numbers, decimals, or simplified fractions for the values of a and b. y = To the nearest dollar, how much will the skateboard be worth in 7 years?
