2 years ago

Belle inherited an antique teapot from her grandmother. The teapot's current value is $30 and

Mathematics

1 answer:

xeze [42]2 years ago

5 0

Answer:

$\boxed{\$79.60}$

Step-by-step explanation:

current value is $30

as it increases at a rate of 5% each year

after n year the value will be $30(1.05)^{n}$

so for 20 years it will be $30(1.05)^{20}$

it gives 79.59893 so we can round it to 79.60

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