beautifuldreamer156 beautifuldreamer156

04-05-2022
Mathematics

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Tracey bought a diamond ring appraised at $1200 at an antique store. If diamonds have appreciated in value at an annual rate of 12%, what was the value of the ring 10 years ago? (Round your answer to the nearest dollar.)

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isabellakmar isabellakmar

04-05-2022

Answer:

1600 / 1.1^10 = $616.87

Step-by-step explanation:

Im not so sure, but here

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