4.4b Formative Assessment Ashley has an antique lamp that was her great-grandmother's. She has it appraised and finds it is worth $1000. She wants to sell it, but the
appraiser tells her that the value is appreciating by 7% per year.
e. Estimate how many years it will take for the value of the lamp to be $2000.
O 1.869 years
O 2 years
6.375 years
O 10.245 years