SOLUTION: Susan purchased a painting in the year 2000 for $4,000. Assuming an exponential rate of inflation of 3.3% per year, how much will the painting be worth 7 years later?

SOLUTION: Susan purchased a painting in the year 2000 for $4,000. Assuming an exponential rate of inflation of 3.3% per year, how much will the painting be worth 7 years later?

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Question 433259: Susan purchased a painting in the year 2000 for $4,000. Assuming an exponential rate of inflation of 3.3% per year, how much will the painting be worth 7 years later?
Answer by katealdridge(100) (Show Source): You can put this solution on YOUR website!

$5020.68
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