A 1970 comic book has appreciated 10% per year and originally sold for $0.35. What will it be worth in 2010? Time period (t) Knowns $0.35 A(t) A(t) A(t) = A(t) = A(t) = (1 t r)* (1 + (---) (-___ Initial (a) %3D r= 10% 40 (subtract 2010 from 1970) .10 %3D %3D %3D Unknown A(t)
A 1970 comic book has appreciated 10% per year and originally sold for $0.35. What will it be worth in 2010? Time period (t) Knowns $0.35 A(t) A(t) A(t) = A(t) = A(t) = (1 t r)* (1 + (---) (-___ Initial (a) %3D r= 10% 40 (subtract 2010 from 1970) .10 %3D %3D %3D Unknown A(t)
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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Using the information that is already given, find the answers to the blanks.
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Time period (t)
Let's try together
A 1970 comic book has appreciated 10% per year and
originally sold for $0.35. What will it be worth in 2010?
Rate of change (r)
Time period (t)
Knowns
$0.35
A(t)
=
A(t) =
A(t) =
A(t) =
A(t) =
(1 t r)*
(1 +
(---)-
Initial (a)
10%
10
t.
40 (subtract 2010
from 1970)
Unknown
A(t)
Substitute & solve
Il | | I|
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