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Vaughn buys a vintage poster for $30 at a resale shop. He estimates that the poster will increase in value by 8% per year. which recursive formula can you use to find out how mu…

Vaughn buys a vintage poster for $30 at a resale shop. He estimates that the poster will increase in value by 8% per year. which recursive formula can you use to find out how mu…
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vaughn buys a vintage poster for $30 at a resale shop. He estimates that the poster will increase in value by 8% per year. which recursive formula can you use to find out how much ( in dollars ) the poster will be worth in n years ?

asked
User Oneezy
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8.6k points

1 Answer

6 votes

V(n)=V(n-1)*1.08

V(0)=$30

Explanation:

answered
User Dona
by
8.0k points
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