Answer:
$45.36
Step-by-step explanation:
you multiply 6.48 by 7 and your answer is $45.36
After 5 years, value doubles.
Hence after 5 years, value is 250 x 2 = 500
After another 5 years, value doubles.
500 x 2 = 1000
Ans: $1000
Method 2, using function given.
v(10) = 250 x 2(10/5) = $1000