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

03-05-2020

Answer:

that is the solution to the question

Ver imagen Akolism256

Answer Link

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

How to round the next nearest dollar

What was the most highly prized fabric in China? rayon cotton silk polyester

Which of the following sparked the French Revolution? a. the French and Indian War b. economic and political problems in France c. social and foreign policy con

$7.50 a meal 6.5% tax

numbers like 10 100 1,000 and so are called what

How did World War I impact women in the United States? a. Women received equal pay for equal work. b. Women were prohibited from working as Red Cross voluntee

If an object travels at five feet per second, how many feet does it travel in one hour?

Oil flows upward in the wick of a lantern because of the liquid property called A. density. B. meniscusity. C. viscosity. D. capillarity.

which equation represents a line that is parallel to the line whose equation is y=-3x

Mustafa’s soccer team is planning a school dance as a fundraiser. The DJ charges $200 and decorations cost $100. The team decides to charge each student $5.00 t