Mathematics, 21.04.2021 14:00 ErickN7597

Mr. Gibson purchased a famous and rare guitar for $12 000. Experts estimate that its value will increase by 14% per year! The following equation can be used to model the value, V, of the guitar after t years. v = 12,000(1 + 0.14)^t

Approximately how much will the guitar be worth in 10 years? $

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Mr. Gibson purchased a famous and rare guitar for $12 000. Experts estimate that its value will incr...

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Mr. Gibson purchased a famous and rare guitar for $12 000. Experts estimate that its value will increase by 14% per year! The following equation can be used to model the value, V, of the guitar after t years. v = 12,000(1 + 0.14)^t Approximately how much will the guitar be worth in 10 years? $​

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Another question on Mathematics

Mr. Gibson purchased a famous and rare guitar for $12 000. Experts estimate that its value will increase by 14% per year! The following equation can be used to model the value, V, of the guitar after t years. v = 12,000(1 + 0.14)^t

Approximately how much will the guitar be worth in 10 years? $