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A scarce gem’s value increases exponentially at 4% per year. If one is worth $5200 this year, when will its value exceed $10000?

A scarce gem’s value increases exponentially at 4% per year. If one is worth $5200 this year, when will its value exceed $10000?
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A scarce gem’s value increases exponentially at 4% per year. If one is worth $5200 this year, when will its value exceed $10000?

asked
User MARTIN Damien
by
8.2k points

1 Answer

1 vote

Answer:

92, Hope this helps

Explanation:

10000-5200= 4800/52 = 92.307 rounded up = 92

answered
User Ezekiel Victor
by
8.3k points
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