A painting is purchased for $500. If the value of the painting doubles every 5 years, then its value is given by the function V (t) = 500*2^t/5, where t is the number of years since it was purchased and V (t) is its value (in dollars) at that time. What is the value of the painting ten years after its purchase?

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Makenna Fields

16 June, 22:43

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Sylvia · Answer 1

Just plug in 10 for t to get V (t) = 500*2^10/5, which is V (t) = 500*2^2, then pemdas.

so 500*4 is 2000.