Question 798483: This is a arithmetic sequence
A museum purchases a painting for $15,000 the painting increases in value each year by 10 percent of the original price. What is the value of the painting after 10 years?
Found 2 solutions by mananth, MathTherapy:
Answer by mananth(16946)   (Show Source):
You can put this solution on YOUR website! first term a=15000
d= 10% 0f 15000= -1500 ( decreasing)
n= 10
T10 = 15000+(10-1)*-1500
=15000-13500
=1500
Value after 10 years = 1500
Answer by MathTherapy(10552)  (Show Source):
You can put this solution on YOUR website!
This is a arithmetic sequence
A museum purchases a painting for $15,000 the painting increases in value each year by 10 percent of the original price. What is the value of the painting after 10 years?
 , with:
 being the value of the term being sought
"n" being the term number
 being the 1st term
"d" being the common difference
Be aware that term 1, or represents its value after year 1, which is $16,500 ($15,000 + 1,500).
As the 10th term is being sought, we have:
Term 10 or  , the value of the painting after 10 years.
You can do the check!!
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