Certain pieces of antique furniture increased very rapidly in price in the 1970s and 1980s. For example, the value of a particular rocking chair is well approximated by
V= 60(1.3)^t
where V is in dollars and t is the number of years since 1975. Find the rate, in dollars per year, at which the price is increasing.
what is the of dollars/year?
rate =............................. dollars/yr
I don't understand the process of finding the rate in terms of dollars/yr
Please help. thank you.
V= 60(1.3)^t
where V is in dollars and t is the number of years since 1975. Find the rate, in dollars per year, at which the price is increasing.
what is the of dollars/year?
rate =............................. dollars/yr
I don't understand the process of finding the rate in terms of dollars/yr
Please help. thank you.
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The antique chair can be made of it. For calculating these you need to know more. To know more you can visit different site in websites. You can get different meters for calculating it. Just it is easy way to do. You can visit following sites
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If I am right the dollars per year should be sixty