The value of a jewel in 2015 was $17500. The jewel was purchased in 2008, and its value appreciated 2.5%
1 answer:
Answer:
$14722.14
Step-by-step explanation:
We are given that
In 2015
The value of jewel=$17500
Rate of appreciation, r=2.5%
We have to find the initial value of the jewel when it was first bought.
Time, n=7 years
Final value=
Using the formula



Initial value=$14722.14
Hence, the the initial value of the jewel when it was first bought=$14722.14
You might be interested in
I think it would be (0,3)
Answer:
<h2>which angle??</h2>
Step-by-step explanation:
<h2>
<u>PLEASE</u><u> </u><u>MAK</u></h2>
I thinks it’s 3 because 21-12=9 so you spent 9 dollars 9/3=3

use this method when you do? - 14a + 200b + 16h = 1712
There is about 87658.1. there are 8765.81 in one year so multiply by ten to get 87658.1.