document.write( "Question 247863: Tom purchased a rare stamp for $9 000. He was guaranteed that the stamp would increase in value by 15% each year based on the original value. What is the value of the stamp if Tom owns it for 5 years?\r
\n" ); document.write( "\n" ); document.write( "I have to put this into an equation...somehow. So,
\n" ); document.write( "know: a=9 000
\n" ); document.write( " r=15%
\n" ); document.write( " tn=5
\n" ); document.write( "find:n
\n" ); document.write( "Ok, so how do I do this?
\n" ); document.write( "

Algebra.Com's Answer #180699 by richwmiller(17219)\"\" \"About 
You can put this solution on YOUR website!
capital*time *rate=interest
\n" ); document.write( "5*1.15*9000
\n" ); document.write( "There is nothing that indicates anything but 15% each year.
\n" ); document.write( "Since it says \"based on the original\" It is unclear whether the gain is even added yearly. or we just have simple interest over five years and nothing is adding till the fifth year is over.\r
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\n" ); document.write( "\n" ); document.write( "This is a scam. Nothing increases 15% and with a guarantee!!
\n" ); document.write( "Bernie Madoff must have been the seller.\r
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