Question
A toy tractor sold for $223 in 1980 and was sold again in 1987 for $404. Assume that the growth in the value V
A toy tractor sold for $223 in 1980 and was sold again in 1987 for $404. Assume that the growth in the value V of the collector's item was exponential. a) Find the value k of the exponential growth rate. Assume V = 223. k=0 (Round to the nearest thousandth.)
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
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