SOLUTION: The value of an lamp that was purchased at auction in January 2010 is modeled by the equation y=260(1.073)^x. In what year and month will the lamp be worth $500

Algebra ->  Exponential-and-logarithmic-functions -> SOLUTION: The value of an lamp that was purchased at auction in January 2010 is modeled by the equation y=260(1.073)^x. In what year and month will the lamp be worth $500      Log On


   



Question 1178379: The value of an lamp that was purchased at auction in January 2010 is modeled by the equation y=260(1.073)^x. In what year and month will the lamp be worth $500
Answer by ikleyn(52803) About Me  (Show Source):
You can put this solution on YOUR website!
.
The value of an lamp that was purchased at auction in January 2010 is modeled by the equation y=260(1.073)^x.
In what year and month will the lamp be worth $500
~~~~~~~~~~~~~~~~~~~~


In order to answer your question,  we need to know what the variable  "x"  does represent in the formula.


Your post must explain it,  but it failed to do it . . .