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you have inherited a diamond ring that had an appraised value of $2500 in 1970. The appraised value has increased by approximately 6$ per year. What will be the value in 2010?
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you have inherited a diamond ring that had an appraised value of $2500 in 1970. The appraised value has increased by approximately 6$ per year. What will be the value in 2010?

User Willie Chalmers III
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2 Answers

3 votes

Answer:

25714

Explanation:

you have inherited a diamond ring that had an appraised value of $2500 in 1970. The-example-1
User Sylvana
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2010 is 40 years after 1970, so the value increases by $6*40=$240.  The initial value is $2500, so adding $240 to that, we get $2740 as the 2010 value.
User Webdma
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