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.its urgent
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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
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