Martin bought a painting for $5,000. It is expected to appreciate at a continuous rate of 4%. How much will the painting be worth in 6 years?

asked Apr 23, 2021 203k views

1 vote

7.2k points

Please log in or register to add a comment.

6 votes

Answer:

$6326.6

Explanation:

5000(1.04)
^(6) Multiply 5000 by 1.04 to the 6th exponent.

Germanescobar answered Apr 28, 2021

7.6k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.4m questions

11.1m answers