Mathematics, 07.04.2021 17:20, blaizelange4296
15. The resale value of a piece of artwork can be determined by the exponential function shown below. v(t)= 5,700(1.4)^t represents the resale value of the piece of artwork in dollars and t represents the number of years since the purchase of the piece of artwork, which statement represents the best interpretation of the meaning of the a and b values from the function?
C) The a value of $5,700 represents the original cost of the piece of artwork, and the b value of 1.4 represents that for each year since its purchase, the value of the piece of artwork increases by 140%.
D) The a value of $5,700 represents the original cost of the piece of artwork, and the b value of 1.4 represents that for each year since its purchase, the value of the piece of artwork increases by 40%.
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