subject
Mathematics, 27.05.2021 23:10 kaylaelaine18

A stamp collection is purchased for $1,000. Twenty years later, the owner is told that the collection is worth quite a bit of money! If the rate of return on the stamp collection is 4% per year, what is the current value of the stamp collection? In your final answer, include all of your calculations.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 13:10
The difference of 2 numbers is 21 and the quotient of the equation is 4 then what are the two numbers?
Answers: 2
question
Mathematics, 21.06.2019 17:00
Steve wants to develop a way to find the total cost of any item including sales tax. the sales tax in his city is 6%. his friend jenna writes the expression x + 6x where x is the cost of the item. explain whether her expression is correct based on the situation.
Answers: 1
question
Mathematics, 21.06.2019 18:10
An initial investment of $100 is now valued at $150. the annual interest rate is 5%, compounded continuously. the equation 100e0.05t = 150 represents the situation, where t is the number of years the money has been invested. about how long has the money been invested? use your calculator and round to the nearest whole number. years
Answers: 3
question
Mathematics, 21.06.2019 20:10
Which ratios are equivalent to 10: 16? check all that apply. 30 to 48 25: 35 8: 32 5 to 15
Answers: 1
You know the right answer?
A stamp collection is purchased for $1,000. Twenty years later, the owner is told that the collectio...
Questions
Questions on the website: 13722362