If an item is purchased at $500 and it’s value increases at a rate of 5% per year what is the value after four years

The value of $500 after four years is $610

Step-by-step explanation:

It is given that, the value of $500 increases at a rate of 5% per year.

The exponential formula is given by .

where,

The growth factor b is replaced by either (1 + r) or by (1 - r).

where, r is the rate per year.

b= (1+r) represents the increase in growth rate.

b= (1-r) represents the decrease in growth rate.

Here, the growth rate is increased. So the formula is given by

where,

To find y value :

⇒

⇒

⇒

⇒

 Therefore, the value of the item after four years is $610.

sine

step-by-step explanation:

c: y > - 1/6x + 1

step-by-step explanation:

dashed line - meaning this < or > also not equal

solid line - meaning this < or > also equal

your answer is c because y > means up & it's shaded up, but y < means down

hope this ! : )