Register

How do u do this ??? Alistair buys an antique chair for £600. It is expected to increase in value at the rate of 4.5% each year. How much is it expected to be worth in 3 years ?…

How do u do this ??? Alistair buys an antique chair for £600. It is expected to increase in value at the rate of 4.5% each year. How much is it expected to be worth in 3 years ?…
asked 40.1k views
1 vote
How do u do this ??? Alistair buys an antique chair for £600. It is expected to increase in value at the rate of 4.5% each year. How much is it expected to be worth in 3 years ??

asked
User Thugsb
by
8.4k points

1 Answer

5 votes

100\%+4.5\%=104.5\%=1.045\\\\\£600\cdot1.045^3\approx\£684.70\leftarrow answer
answered
User Fpdragon
by
8.4k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!