Mathematics
Mathematics, 08.02.2021 19:10, myiacoykendall

The value of an antique vase can be modeled by the function V(t)=2350(1.038)t, where t is the number of years since the vase was purchased. Which statements are true?

Select each correct answer.

After 10 years the vase will have a value of about $3412.

The vase was purchased for $2350.

The rate of appreciation is 2.35%.

The vase was purchased for $1038.

The rate of appreciation is 10.38%.

answer
Answers: 2

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The value of an antique vase can be modeled by the function V(t)=2350(1.038)t, where t is the number...

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