Thomas E. answered • 05/16/18

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Tom E., a Patient and Knowledgeable Mathematics Tutor for You

You have not provided all of the information needed in the original questions.

Desiree B.

asked • 05/16/18a. Find an equation in the form V(t) = V01 + rt, where V0 is the value of the diamond in dollars in June 2005, r is the average annual growth rate, t is the time in years since June 2005, and Vtis the value of the diamond in dollars at time t.

b. What is the interpretation for the value of r?

c. If this trend continues, what would be the value of the diamond in June 2020?

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Thomas E. answered • 05/16/18

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4.9
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Tom E., a Patient and Knowledgeable Mathematics Tutor for You

You have not provided all of the information needed in the original questions.

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Jaja J.

the first question was: ...approximately exponential rate from about $650000 in june 2005 to about $1850000 in june 201305/10/19