Asked by Anne
Four years ago, an art collector bought a painting for $32 500. He knows that this painting appreciates at
15% a year. What is this painting worth now, to the nearest $100?
15% a year. What is this painting worth now, to the nearest $100?
Answers
Answered by
Reiny
what is
32500(1.15)^4 ?
32500(1.15)^4 ?
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