Mathematics, 09.04.2021 18:00 vvaallww
The value of an antique vase can be modeled by the function V(t)=2350(1.038)t, where t is the number of years since the vase was purchased.
Which statements are true?
The vase was purchased for $1038.
The rate of appreciation is 2.35%.
The rate of appreciation is 10.38%.
After 10 years the vase will have a value of about $3412.
The vase was purchased for $2350
Answers: 1
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