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4. A rare stamp was worth $125 in 2005. It was predicted to increase in value by 8% each year. The value of the stamp can be modeled by V =125(1.08)" where V is the value of the stamp and n is the number of years since 2005. а. What was the value of the stamp in 2009? 1. Whe tomn in 2015 2

4. A rare stamp was worth $125 in 2005. It was predicted to increase in value by 8% each year. The value of the stamp can be modeled by V =125(1.08)" where V is the value of the stamp and n is the number of years since 2005. а. What was the value of the stamp in 2009? 1. Whe tomn in 2015 2

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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4. A rare stamp was worth $125 in 2005. It was predicted to increase in value by 8% each year. The value of the stamp can be modeled by V = 125(1.08)" where V is the value of the stamp and n is the number of years since 2005. a. What was the value of the stamp in 2009? b. What was the value of the stamp in 2015 ?
Transcribed Image Text:4. A rare stamp was worth $125 in 2005. It was predicted to increase in value by 8% each year. The value of the stamp can be modeled by V = 125(1.08)" where V is the value of the stamp and n is the number of years since 2005. a. What was the value of the stamp in 2009? b. What was the value of the stamp in 2015 ?
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