Hello everyone,

Can you please explain how to solve v'(10)=37,500^e10/8?

A tapestry purchased in 1998 for $300,000 is estimated to be worth v(t)=300,000e^t/8 dollars after t years. At what rate will the tapestry be appreciating in 2008?

I start v'(t)=300,000e^t/8*1/8=37,500e^t/8

t=2008-1998=10

v'(10)=37,500^e10/8

* I figured it out 37,500 * 3.49034~130,888

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