Detective Comics number 27 which came out in May 1939 contains the first appearance of Batman. An issue of the comic, which originally sold for 10 cents or $0.10 sold at an auction in 2010 or a record of $1.1 million. Assume the value, V, of the comic as a function of time, t, measured in years has been increasing exponentially.

Find a formula for the function V(t). What is the exponential growth rate? Estimate the value of the comic in 2016. What is the continuous growth rate for the comic value? What is the doubling time for the comic value?