Question: Step by step solution 12 A soapstone carving was appraised at $2500 . The value of the carving is estimated to increase by 12% each

 Step by step solution 12 A soapstone carving was appraised at

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$2500 . The value of the carving is estimated to increase by

12 A soapstone carving was appraised at $2500 . The value of the carving is estimated to increase by 12% each year. What will be the approximate value of the carving after 15 years, correct to the nearest dollar

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