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A limited-edition poster increases in value each year with an initial value of $18. After...

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Basic Math

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A limited-edition poster increases in value each year with an initial value of $18. After 1 year and an increase of 15% per year, the poster is worth $20.70. Which equation can be used to find the value, y, after x years? (Round money values to the nearest penny.)y = 18(1.15)^xy = 18(0.15)^xy = 20.7(1.15)^xy = 20.7(0.15)^x

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