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Mathematics, 17.04.2021 01:00 shookie1993

Mr. Gibson purchased a famous and rare guitar for $12,000. Experts estimate that its value will increase by 14% per year! The following equation can be used to model the value, V, of the guitar
after t years.
v= 12,000(1 + 0.14)
Approximately how much will the guitar be worth in 10 years? Round up to nearest dollar.

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