20070277 20070277
  • 08-10-2021
  • Mathematics
contestada

The value of an asset, currently priced at $100 000, is expected to increase by 20% a
year.
(a) Find its value in 10 years’ time.
(b) After how many years will it be worth $1 million?

Respuesta :

JosephAaron2123
JosephAaron2123 JosephAaron2123
  • 09-10-2021

Answer:

A) it will become 300,000 in the next 10 years.

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