shantaedyer05 shantaedyer05
  • 03-05-2020
  • Mathematics
contestada

Jean bought an antique ring for $1200. Its value appreciates by 10% each year. Calculate the value of the ring after 3 years.​

Respuesta :

Akolism256
Akolism256 Akolism256
  • 03-05-2020

Answer:

that is the solution to the question

Ver imagen Akolism256
Answer Link
stranclan72
stranclan72 stranclan72
  • 03-05-2020
Equation of appreciation

Value (after n terms) = Base value * ((1 + (R/100))^n

Base value is $1,200

R equals appreciation in percentage, in our case 10

n (terms) = 3 years

Value after 3 years = $1,200 x (1 + 0.1)^3 = $1,597.20
Answer Link

Otras preguntas

More friction between water and streambed will reduce the speed of flowing water. true or false.
The purpose of King’s letter is to cause __________________ to fight ________________________.do you know the rest the sentence
what is fiction element
What role do symbols play in a text? For what purpose do you think a poet uses symbols?
The product of two numbers is 30. The sum of the two numbers is 20. What might the two numbers be?
What is a adverb cause?
Which of the following types of stars is most likely to end up as a supernova?
how do you find the slope
Which term describes the forces acting on the car? A.balanced B.buoyant C.unbalanced D.inertial
A_trait is controlled by more than one gene