Question

the original value ofa painting is $1100 and the value increases by 12% each year. Write an exponential function to model this situation.Then find the value of the painting in 15 years

Answer 1

 The original value of a painting is $1100, and the value increases by 12% each year. Write an exponential growth function to model this situation. Then find the value of the painting in 15 years
       
            $6020.92

Answer 2

Answer:

y=1100(1.12)^15

Step-by-step explanation: