SAT Math Practice Question #39154 - SATify | SATify
#39154
rational exponents
substitution
word problem
algebra
unit conversion
modeling
exponential
functions
hard
90 sec
Calculator OK
The cost of a certain item, in dollars, is modeled by the function C(m)=200(1.005)m, where m is the number of months since January 1st, 2020. Which of the following expressions represents the approximate annual percentage increase in the cost of the item?