# algebra 2

posted by .

a diamond was purchased for \$2500. If is its value increases 6% each year, give the value of the diamond after 10 years?

• algebra 2 -

value = 2500(1.06)^10
= ....

## Similar Questions

1. ### Calculus

After t years, the value of a car that originally cost \$16,000 depreciates so that each year is is worth 3/4 of it's value for the precious year. Find a model for V(t), the value of the car after t years. Sketch a graph of the model …
2. ### Algebra 2

4.)A diamond is purchased for \$3500. Its value increases 5% each year. Find the value of the diamond after six years.
3. ### algebra 2

A diamond is purchased for \$3500. Its value increases 5% each year. Find the value of the diamond after six years.
4. ### math

Real Estate an office building purchased for \$1, 200,000 is appreciating because of rising property values in the city. At the end of each year its value is 105% of its value at the end of the previous year. a. Use a recursive formula …
5. ### Math

Real Estate an office building purchased for \$1, 200,000 is appreciating because of rising property values in the city. At the end of each year its value is 105% of its value at the end of the previous year. a. Use a recursive formula …
6. ### Algebra 2

A diamond is purchased for \$3500. Its value increases 5% each year. Find the value of the diamond at the end of the sixth year of ownership. Please explain
7. ### math

A diamond is purchased for \$3500. Its value increases 4% each year. Find the value of the diamond at the end of the sixth year of ownership.
8. ### Math, algebra

1. If \$x <> (sqrt xy)/(|x-y|), find 4 <> (9 <> 1) to the nearest tenth. <>=diamond This is a function, where the "diamond" represents a function. 2. If f(x) = 3x^2 - 5, what is the value of f(f(-1))?
9. ### Algebra

A used car has a value of \$15,250 when it is purchased in 2012. The value of the car decreases at a rate of 7.5% per year. Write an exponential function that models the value of the car, y, over x years. To the nearest cent, what will …
10. ### Math

Amy bought a diamond ring for \$6,000. If the value of the ring increases at a constant rate of 5.8% per year, how much will the ring be worth in twenty-one years?

More Similar Questions