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OpenStudy (anonymous):
The value of an antique chair is expected to increase by 3% every year. If the chair was bought for $1,020 in 2001, how would I find its expected value for the year 2015, rounded to the nearest dollar?
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OpenStudy (amistre64):
this is an interest problem at heart 1020(1.03)^(14) i believe
OpenStudy (amistre64):
aint got a calculator on me; so you might wanna google the result
OpenStudy (anonymous):
Thank you amistre64 :)
OpenStudy (amistre64):
youre welcome :)
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