Elias buys a vintage concert shirt for $20 at a resale shop. He estimates that the shirt will increase in value by 15% per year. Which recursive formula can you use to find out how much (in dollars) the shirt will be worth in n years?
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Home » Mathematics » Elias buys a vintage concert shirt for $20 at a resale shop. He estimates that the shirt will increase in value by 15% per year. Which recursive formula can you use to find out how much (in dollars) the shirt will be worth in n years?