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K A painting sold for $216 in 1978 and was sold again in 1987 for $475. Assume that the growth in the value V

K A painting sold for $216 in 1978 and was sold again in 1987 for $475. Assume that the growth in the value V

K A painting sold for $216 in 1978 and was sold again in 1987 for $475. 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 Vo = 216. k=0 (Round to the nearest thousandth.)

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