A painting is purchased for $450. If the value of the painting doubles every 5 years, then its value is given by the function V(
t) = 450 • 2t/5, where t is the number of years since it was purchased and V(t) is its value (in dollars) at that time. What is the value of the painting ten years after its purchase? $1,000
$1,400
$1,800
$2,000
can someone do this problem for me would be a big help.
In order to find the answer for this problem, there are two ways to do that. Analyze the problem. The paint costs $450 at present. This doubles after 5 years which makes it $900. Another 5 years, which is 10 years in total, it will be $1800. Next, solve it using this equation: <span>450×<span>2^<span>t/5 where t is the number of years which is 10. </span></span></span><span>450×<span>2^10/<span>5 </span></span></span><span>450×<span>2^2 450 x 4 = $1800. Still the answer is the same. So the answer would be the third option. Hope this answer helps.</span></span>
