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Mathematics, 28.01.2021 18:40 areanna02

Exponential & Logarithmic Functions Please Help ASAP! The question is in the picture.

Michael purchased a pair of never worn Vintage 1997 Nike Air Jordan XII Playoff Black Varsity Shoe Size 12 for $380. The shoes have shown an average growth rate of 14% per year.

What would be the growth factor (multiplier)?

If the trend continues how much would the shoes be worth 5 years after Michael purchased the shoes?


Exponential & Logarithmic Functions

Please Help ASAP! The question is in the picture. 
Michae

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Answers: 1

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