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An old antique 1937 Plymouth Sedan is worth $8000 currently and increases in value by 1.2% each year. How much will it be worth in 5 years? Oy=8000(1.12)5 O y = 8000(0.012)5 Oy= 8000(1.012)5

An old antique 1937 Plymouth Sedan is worth $8000 currently and increases in value by 1.2% each year. How much will it be worth in 5 years? Oy=8000(1.12)5 O y = 8000(0.012)5 Oy= 8000(1.012)5

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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(535) YouTube EdClub Math r 5E Compound Interest What function would best model the situation below? An old antique 1937 Plymouth Sedan is worth $8000 currently and increases in value by 1.2% each year. How much will it be worth in 5 years? Oy=8000(1.12)5 O y = 8000(0.012)5 Oy=8000(1.012)5
Transcribed Image Text:(535) YouTube EdClub Math r 5E Compound Interest What function would best model the situation below? An old antique 1937 Plymouth Sedan is worth $8000 currently and increases in value by 1.2% each year. How much will it be worth in 5 years? Oy=8000(1.12)5 O y = 8000(0.012)5 Oy=8000(1.012)5
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