The business of taxi medallions, required licenses fastened to the hood of all New York City cabs has proven itself to be a valuable investment. The average price for a corporate-license taxi medallion in New York has risen from about $200,000 in 2001 to $753,000 in 2009 (Sources: New York City Taxi & Limousine Commission; Andrew Murstein, president of Medallion Financial). The exponential function
M(x) = 200,000(1.1802)x
Where x is the number of years since 2001, models the data for the average price of a medallion in recent years. Estimate the price of a taxi medallion in 2003, in 2007, and in 2013. Round to the nearest dollar