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The value of your classic 158600 antique automobile

Please help me study for a test by helping me with this problem, showing work/formulas used and rounding to 2 decimal places.

The value of your classic $158,600 antique automobile increases by 8.35 percent annually, how much will the automobile be worth ten years from now?

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Finance Basics: The value of your classic 158600 antique automobile

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Finance Basics: The value of your classic 158600 antique automobile

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