Respuesta :
Is Jason’s baseball card going up by 2% every year for example
Jason’s baseball card after 1 year is
25×(1.02)^(1)=25.5
It increased by 0.5 in amount after one year
Jason’s baseball card after 1 year is
25×(1.02)^(1)=25.5
It increased by 0.5 in amount after one year
Jason’s baseball card goes up if Jason collects baseball cards. He bought one card for $25.
What is an exponential function?
It is defined as the function that rapidly increases and the value of the exponential function is always positive. It denotes with exponent [tex]y = a^x[/tex]
where a is a constant and a>1
We have:
Jason collects baseball cards. He bought one card for $25.
The equation is:
[tex]\rm current \ value = 25(1.02)^t\\\\[/tex]
As we know, the exponential function is represented by:
y = ab×
If b > 1 then the function will be increasing.
1.02 > 1
Thus, Jason’s baseball card goes up if Jason collects baseball cards. He bought one card for $25.
Learn more about the exponential function here:
brainly.com/question/11487261
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