Mathematics, 02.06.2020 00:01 kalestalker10

An art collector paid $7,000 for two paintings, a portrait and a landscape, at the same auction. Each painting cost $3,500.
The collector predicts that the value of the landscape painting will increase by 15% per year. If she is correct, what will its value
be one year after the date of purchase?

Answers: 2

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An art collector paid $7,000 for two paintings, a portrait and a landscape, at the same auction. Each painting cost $3,500. The collector predicts that the value of the landscape painting will increase by 15% per year. If she is correct, what will its value be one year after the date of purchase?

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An art collector paid $7,000 for two paintings, a portrait and a landscape, at the same auction. Each painting cost $3,500.
The collector predicts that the value of the landscape painting will increase by 15% per year. If she is correct, what will its value
be one year after the date of purchase?