The equation y=10(1.0605)^x represents the winning prize money, in thousands, for first place in the indianapolis 500 auto race. let x represent the number of years. let x = 0 for the first year of the race in 1911. find the winning prize money in the first race?

a. $10,000

b. $100

c. $10,605

d. $106,050

Option 'A' is correct.

Step-by-step explanation:

Since we have given that

The equation   represents the winning prize money in thousands.

Let the number of years be 'x'.

Let x=0 for the first year for the race in 1911.

So, we need to find the winning prize money in the first race .

so, Put x= 0 in the equation;

Hence, Option 'A' is correct.

were is the equation