Belle inherited an antique teapot from her grandmother. The teapot's current value is $30 and increases at a rate of 5% each year,
A: Write an equation that models the situation.
B: Find the value of the teapot in 20 years.

Step-by-step explanation:

current value is $30

as it increases at a rate of 5% each year

after n year the value will be

so for 20 years it will be

it gives 79.59893 so we can round it to 79.60

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