Answer: $1,007.00
<em>I hope this helps, and Happy Holidays! :)</em>
Answer:
72
Step-by-step explanation:
The value of the painting in 5 years is $4,320.36
<h3>Expoential functions</h3>
The standard exponential function is expressed as:
Given the following
- P = $3800
- r = 2.6% = 0.026
- t = 5 years
Substitute into the formula
A = 3800(1+0.026)^5
A = 3800(1.026)^5
A = 4,320.36
Hence the value of the painting in 5 years is $4,320.36
Learn more on exponential function here: brainly.com/question/12940982