The value of a collector’s item is expected to increase exponentially each year. The item is purchased for $500 and its value increases at a rate of 5% per year. Find the value of the item after 4 years.

$578.81
$607.75
$1687.50
$2531.25

$607.75

Step-by-step explanation:

Exponential growth formula:

y = x(1 + r)^t

y = future value

x = present value

r = annual percent rate

t = time in years

y = 500(1 + 0.05)^4

y = 500(1.05)^4

y = 500(1.215506)

y = 607.75

$607.75

the correct answer is

c. 4

step-by-step explanation:

the given polynomial is

the degree of the polynomial is the highest exponent which is 4.

the -4 is called the leading coefficient.

this polynomial has only one term so it is a monomial.

the correct answer is option c.

2,160 π

step-by-step explanation: