brooklyn4932
16.12.2020 •
Mathematics
Mandy is enlarging a photograph that is 3 inches wide and 4.5 inches long. If she wants the width of the enlargement to be 10 inches, this will be the length.
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Ответ:
Ответ:
$11,321,630
Step-by-step explanation:
We solve using Exponential growth formula
A(t) = Ao (1 + r)^t
Ao = Initial worth = $94,000
r = Growth rate = 7.3% = 0.073
t = Time in years = 2020 - 1952
= 68 years
A(t) = Current worth in 2020 = After 68 years
A(t) = 94000 × ( 1 + 0.073)^68
A(t) = 94000 × 120.44286946
A(t) = 11,321,629.729
Therefore, the estimated worth of the Van Gogh painting in 2020 approximately = $11,321,630