In 2004, an art collector paid $84,275,000 for a particular painting. The same painting sold for $27,000 in 1950. Complete part (a) through (d)? (a) Find exponential growth rate k, to three decimal places, and determine the exponential growth function V, for which V(t) is the painting’s value, in dollars, t years after 1950. (b) Predict the value of the painting in 2010? (c) What is the doubling time for the value of the painting? (d) How long after 1950 will the value of the painting be $1 billion?

mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided