An art collector purchased a painting at an auction. The function shown represents the value of the painting in dollars, y, after x years.

Question

y= 575(1.045)^x
Which statements about the graph of the function are true?

Select TWO correct answers.

A.) The x-intercept of the graph is 575.

B.) The graph has an asymptote at x = 0.

C.) The y-intercept of the graph is 575.

D.) The graph decreases as the value of x increases.

E.) The graph has an asymptote at y = 0.

Answer 1

The correct answers are:

B.) The graph has an asymptote at x = 0.
C.) The y-intercept of the graph is 575.