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9514 1404 393
Answer:
- The graph curves upward.
- The y-intercept is at (0, 25).
- The graph is in the first quadrant.
Step-by-step explanation:
See below for a graph.
You can see it has a y-intercept of (0, 25) and curves upward through the first quadrant.
An exponential function will normally occupy quadrants 1 and 2, but the domain of this function is years after purchase. So, only non-negative values of x are in the domain. That limits the graph to the first quadrant.
The general form of the equation for this function is ...
value = (initial value)×(1 + growth rate)^(years)
value = 25·(1 +.02)^x
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