What is the annual growth rate of the paintings value? Write the answer as a percentage rounded to the nearest tenth

The function V=250(1.28)^d models the value of a rare painting, in thousands of dollars, d decades after is is sold at an auction for $250,000. What exponential function modelss the value of painting after t years?

V=250(?)^t

Guest Mar 10, 2019

edited by
Guest
Mar 10, 2019

#3**+2 **

V =250 (10^(t/93.27) )

or

V = 250 (1.02499^t)

ElectricPavlov Mar 10, 2019

edited by
Guest
Mar 10, 2019