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An antique vase is worth £300 when I buy it, its value increases by 2% each year. How much will it be worth in 8 years time?

An antique vase is worth £300 when I buy it, its value increases by 2% each year. How much will it be worth in 8 years time?
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An antique vase is worth £300 when I buy it, its value increases by 2% each year. How much will it be worth in 8 years time?

asked
User ShuggyCoUk
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8.0k points

1 Answer

12 votes
300 x 1.02^8 = 351.4978 = £351.50 after 8 years
answered
User Luke Van In
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8.1k points
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