document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=274833>Question 274833</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You acquired an antique dresser that was appraised in 1970 at $2,000.00. It is now 1998, and the appraised value of the dresser has increased by 5% each year. What is the current value of the dresser? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #200545 by </B><A HREF=/tutors/aboutme.mpl?userid=ankor@dixie-net.com><B>ankor@dixie-net.com(22740)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ankor@dixie-net.com><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ankor@dixie-net.com><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=200545\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You acquired an antique dresser that was appraised in 1970 at $2,000.00.<BR>\n" );
document.write( " It is now 1998, and the appraised value of the dresser has increased by 5% each year. What is the current value of the dresser?<BR>\n" );
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document.write( "Let A = present value of the it<BR>\n" );
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document.write( "We want to know the price after 28 yrs, t=28<BR>\n" );
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document.write( "A = 2000*1.05^28<BR>\n" );
document.write( "enter this into a good calc<BR>\n" );
document.write( "A = $7,840.26 after 28 yrs<BR>\n" );
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