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Mathematics, 14.02.2022 15:30 kamarihemingway9822

On 1st January 1900, a sculpture was valued at £80. When the sculpture was sold on 1st January 1956, its value was £5000.
The value, £V, of the sculpture is modelled by the formula V = Ak', where t is the time in
years since 1st January 1900 and A and k are constants.
a) Use this model to show that the value of the sculpture on 1 January 2006 will be
greater than £200 000.

b) Find the year in which the value of the sculpture on the 1st January will first exceed
£800 000.

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Answers: 3

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