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10 February, 12:46

Vaughn buys a vintage poster for $30$30 at a resale shop. He estimates that the poster will increase in value by 8%8% per year. Which recursive formula can you use to find out how much (in dollars) the poster will be worth in nn years?

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  1. 10 February, 14:59
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    V (n) = V (n-1) * 1.08

    V (0) = $30
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