Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
The price of silver has increased by 25% per year from 2000. In the year 2000, Harry bought a silver bowl for $170.
<u>To calculate the price of the silver bowl after x years, we need to use the following formula:</u>
<u></u>
F(x)= PV*(1+g)^x
F(x)= future value
PV= present value
g= growth rate
x= number of years
<u>For example, we determine the value of the coin after 10 years:</u>
F(x)= 170*(1.25^10)
F(x)= $1,583.25
0
y=1.5x-5
0.4243
