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
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document.write( "I have to put this into an equation...somehow. So,
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document.write( "know: a=9 000
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document.write( " r=15%
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document.write( " tn=5
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document.write( "find:n
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document.write( "Ok, so how do I do this? \n" );
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Algebra.Com's Answer #180701 by Fombitz(32388)![]() ![]() You can put this solution on YOUR website! 1st year : \n" ); document.write( "2nd year : \n" ); document.write( "3rd year : \n" ); document.write( "4th year : \n" ); document.write( "5th year : \n" ); document.write( "nth year : \n" ); document.write( "where V is value at time N, V0 is the original value, r is the rate, N is the time period. \n" ); document.write( " |