Math
posted by Anonymous .
Please help me with this problem. In 1626,Peter Minuit of the Dutch West India Company purchased Manhattan Island from Native Americans for $24. Assuming an exponential rate of inflation of 6% per year,how much will Manhattan be worth in 2010?
Respond to this Question
Similar Questions

Algebra Word Problem Help
In 1626, Peter Minuit of the Dutch West Indies purchased Manhattan Island from the Native Americans for $24. Assuming an exponential rate of inflation of 6% per year, how much will Manhattan Island be worth in 2010? 
8th grade math
The area of Manhattan Island is 641, 000,000 square feet. According to legend, the Indians sold it to the Dutch for $24. Estimate the area that was purchased for one cent. 
math
In 1626,Peter Minuit of the Dutch West India Company purchased Manhattan Island from Native Americans for $24. Assuming an exponential rate of inflation of 6% per year,how much will Manhattan be worth in 2010? 
computers
According to legend, the island of Manhattan was purchased from its Native American population in 1626 for $24. Assuming that this money was invested in a Dutch bank paying 5 percent simple interest per year, construct a table showing … 
Math
in 1626 peter minuit purchase manhattan island for $24. Assuming an exponential rate of inflation of 6% per year, how much will manhattan be worth in 2013 ? 
Calculus
In 1626, Peter Minuit traded trinkets worth $24 to a tribe of Native Americans for land on Manhattan Island. Assume that in 1990 the same land was worth $25.2 billion. If the sellers in this transaction had invested their $24 at 7% … 
Exponential
In 1626, Peter Minuit traded trinkets worth $24 for land on Manhattan Island. Assume that in 2014 the same land was worth $4 trillion. Find the annual rate of interest compounded continuously at which the $24 would have had to be invested … 
Exponential Equation
In 1626, Peter Minuit traded trinkets worth $24 for land on Manhattan Island. Assume that in 2014 the same land was worth $4 trillion. Find the annual rate of interest compounded continuously at which the $24 would have had to be invested … 
Math
According to legend, manhattan islansd was purchased in 1626 for 24 dollars. If the 24 dollars have been invested instead at a rate of 6% interest per year, what would its value be in 2011? 
History
Which accurately describes the purpose and history of the Dutch East India Company?