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An oil painting that originally cost $2500 increases at an annual rate 2%. what is the value of the painting 10 years

An oil painting that originally cost $2500 increases at an annual rate 2%. what is the value of the painting 10 years
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An oil painting that originally cost $2500 increases at an annual rate 2%. what is the value of the painting 10 years

User Dmitry Pimenov
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1 Answer

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Value after 10 years = 2500 ( 1+ 0.02)¹⁰ = $3047.49 (nearest hundredth)


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Answer: The value of the painting is $3047.49
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User Didats Triadi
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