SOLUTION: Ten years ago,the Pottery Gallery Museum bought a vase for $18,000. Since then, the value has increased by 6 percent. In Dollars, what is the present value of the vase?

Algebra ->  Polynomials-and-rational-expressions -> SOLUTION: Ten years ago,the Pottery Gallery Museum bought a vase for $18,000. Since then, the value has increased by 6 percent. In Dollars, what is the present value of the vase?      Log On


   

Question 198982: Ten years ago,the Pottery Gallery Museum bought a vase for $18,000. Since then, the value has increased by 6 percent. In Dollars, what is the present value of the vase?
Answer by checkley75(3666) About Me  (Show Source):
You can put this solution on YOUR website!
18,000*1.06=$19,080 IS THE PRESENT VALUE.