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Mathematics, 09.12.2020 18:30 norefo4416

Michael bought a rare stamp for $125. A function that models the value of Michael’s stamp after t years is given by the function v(t) = 125 LaTeX: \bullet∙ (1.05)t . What is the value of Michael’s stamp after 20 years? Be sure to round your answer to the nearest hundredth.

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