SOLUTION: Every year , the value of an antique vase appreciates by 20% of its value in the previous year . If the value was $180000 in 2012 , find its value in 2010

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Question 1136224: Every year , the value of an antique vase appreciates by 20% of its value in the previous year . If the value was $180000 in 2012 , find its value in 2010
Answer by josgarithmetic(39630) About Me  (Show Source):
You can put this solution on YOUR website!
v, value in year 2010
v%2A1.2%2A1.2=value_in_year_2012=180000
1.2%5E2v=180000

v=180000%2F1.2%5E2