Sam buys $2,000 worth of stock in a company. He expects the value of the stock to increase by 6% each year. Which equation could Sam use to predict the stock's value x years after he purchases the steck?
a. f(x)=2,000(6)ˣ
b. f(x)=2,000(x)⁶
c. f(x)=2,000(1.06)ˣ
d. f(x)=2,000(x)¹.⁰⁶
