A painting was purchased for $10 000 in 2000. The painting

Last updated: 7/31/2022

A painting was purchased for $10 000 in 2000. The painting increased in value by 1.2% per year. Find the anticipated value of the painting in 2020. a) $54 735.66 b) $96 462.93 c) $12 694.34 d) $11 959.35