Question

Q#9: Every year the value of an antique vase appreciates (increases) by 20% of its value in the previous

year, If the value of the vase was $180,000 in 2012; find the value in 2010.​

Answer 1

Answer:

$125,000

Step-by-step explanation:

If we consider$125,000 in 2010

then in 2011 it would be 125,000+20%=150,000

then in 2012 it would be 150,000+20%=180,000