The equation that determines the value, V, of the doll years after purchase will be V=450(1.025)²⁰. The value of the V will be $ 737.35.
A mathematical statement consisting of an equal symbol between two algebraic expressions with the same value is known as an equation.
The fact that the exponential growth function's equation is provided by;
y=a(1+r)ˣ
Y represents the doll's worth.
The number of years is x=20
a is the starting point = $450
The rate of change is r= 2.5% = 0.025
Put the given values;
y=a(1+r)ˣ
y=450(1+0.025)²⁰
y= $ 737.35
Hence, the equation that determines the value, V, of the doll years after purchase will be V=450(1.025)²⁰. The value of the V will be $ 737.35.
To learn more, about equations, refer;
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