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mamaluj [8]
3 years ago
5

How would I calculate this

Mathematics
1 answer:
Helga [31]3 years ago
7 0

Answer:

  $18,413.01

Step-by-step explanation:

Use the formula for interest compounded continuously:

  A = Pe^(rt)

where P is the principal invested ($14,000), r is the annual interest rate (.0685), and t is the number of years (4).

  A = $14,000·e^(.0685·4) = $14,000·e^0.274

  A ≈ $18,413.01

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Answer: Every year, the value of an antique vase appreciates by 20% of its value in the previous year. If the value of the vase was $180 000 in 2012, its value in 2010 was $125000

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Given the appreciation rate r, the initial value I, the final value V, and the period of appreciation n, the formula for appreciation is given by:

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In our case, we need to work out the value of n.

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just took it !!!!

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