Exponential Growth (% increase/appreciation) $A_{t}=A_{0}(1+i)^n$

  1. 1
    Use the equation $A_{t}=A_{0}(1+i)^n$ to solve. $$ $$ The value of a property is expected to increase by 7% per year. If you purchased the property for $100,000, what will it be worth in 12 years?
  2. 2
    Use the equation $A_{t}=A_{0}(1+i)^n$ to solve. $$ $$ The value of a classic comic book is expected to increase by 8% per year. If you purchased the book for $25, what will it be worth in 7 years?
  3. 3
    Use the equation $A_{t}=A_{0}(1+i)^n$ to solve. $$ $$ The value of antique furniture is expected to increase by 5.4% per year. If you purchased the furniture for $527, what will it be worth in 11 years?
  4. 4
    Use the equation $A_{t}=A_{0}(1+i)^n$ to solve. $$ $$ The value of a property is $500,000. If you purchased the property for 125,000 dollars 20 years ago, what was the yearly interest you received?
  5. 5
    Use the equation $A_{t}=A_{0}(1+i)^n$ to solve. $$ $$ The value of a hockey card is $250. If you purchased the card for 80 dollars 10 years ago, what was the yearly interest you received?
  6. 6
    Use the equation $A_{t}=A_{0}(1+i)^n$ to solve. $$ $$ The value of a stamp is $400. If you purchased the stamp for 32 dollars 14 years ago, what was the yearly interest you received?

$$e=mc^2$$