Status: Waiting for your answers. Problem: A precious metal will appreciate in value at a 5.3% rate. Currently, it is worth $950. What will be its value in 7 years? Calculate the value (to the nearest penny) by using this formula.A = a(1 + r)t Solution: A = (1 + ) A = ( ) A =
Calculate the value (to the nearest penny) by using this formula.