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OpenStudy (anonymous):
a sculpture was purchased for $4000. the value of the sculture increases at a rate of 4% per year
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OpenStudy (tkhunny):
And... \($4000 \cdot (1.04)^{t}\) How many years shall we use? Substitute that for 't' when you decide.
OpenStudy (anonymous):
10 years
OpenStudy (tkhunny):
There you go. Substitute away! t = 10
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