A coin sold for $237 in 1978 and was sold again in 1987 for $441. Assume that the growth in the value V of the collector's item was exponential. Find the value k of the exponential growth rate. Assume Vo=237.
A coin sold for $237 in 1978 and was sold again in 1987 for $441. Assume that the growth in the value V of the collector's item was exponential. Find the value k of the exponential growth rate. Assume Vo=237.
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter6: Exponential Functions And Sequences
Section: Chapter Questions
Problem 8CA
Related questions
Question
A
coin
sold for
$237
in
1978
and was sold again in
1987
for
$441.
Assume that the growth in the value V of the collector's item was exponential.
Find the value k of the exponential growth rate. Assume
Vo=237.
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