SOLUTION: The value of a gold coin picturing the head of the Roman Emperor Domitian is increasing at the rate of 7% per year. If the coin is worth $105 now, what will it be worth in 11 years
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Question 893939: The value of a gold coin picturing the head of the Roman Emperor Domitian is increasing at the rate of 7% per year. If the coin is worth $105 now, what will it be worth in 11 years?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
The value of a gold coin picturing the head of the Roman Emperor Domitian is increasing at the rate of 7% per year. If the coin is worth $105 now, what will it be worth in 11 years?
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FV = 105*1.07^11
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