The Value of a Gold coin picturing the head of the Roman Emperor Vespasian is $105. The value is increasing at a rate of 10% per year. Write an exponential growth function model in this situation. Then find the value of the coin in 11 years

$300

Step-by-step explanation:

The formula for Exponential growth function =

y = a( 1 + r)^t

Where

a= Initial value = $105

y = New value after t years

r = Growth rate = 10% = 0.1

t = Time in years = 11 years

y = $105( 1 + 0.1)¹¹

y = $105(1.1)¹¹

y = $299.57725414

Approximately, = $300

Therefore, the value of the coin in 11 years is $300

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step-by-step explanation: