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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asked Oct 17, 2019 164k views

1 Answer

Didats Triadi · Answer 1 · 2019-10-21T20:17:14+0000

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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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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