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vaughn buys a vintage poster for $30 at a resale shop. He estimates that the poster will increase in value by 8% per year. which recursive formula can you use to find out how much ( in dollars ) the poster
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vaughn buys a vintage poster for $30 at a resale shop. He estimates that the poster will increase in value by 8% per year. which recursive formula can you use to find out how much ( in dollars ) the poster will be worth in n years ?

User Oneezy
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1 Answer

6 votes

V(n)=V(n-1)*1.08

V(0)=$30

Explanation:

User Dona
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8.0k points
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