SOLUTION: The value of the bracelet today is $1250....if the value of the bracelet increases at a rate of 4.5% per year, what will the value of the bracelet be in 12 years? I need to writ

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Question 274146: The value of the bracelet today is $1250....if the value of the bracelet increases at a rate of 4.5% per year, what will the value of the bracelet be in 12 years?
I need to write an algebraic equation for this problem.
Answer by scott8148(6628) About Me  (Show Source):
You can put this solution on YOUR website!
v = 1250 (1 + .045)^y