The value V (in millions of dollars) of a famous painting can be modeled by $V = 10 e ^ { i t }$ where t represents the year, with t = 0 corresponding to 2000.In 2008, the same painting was sold for $65 million.Predict the value of the painting in 2018.(Round your answer to two decimal places.)
A)$674.61 million
B)$874.61 million
C)$474.61 million
D)$774.61 million
E)$574.61 million

Question

The value V (in millions of dollars) of a famous painting can be modeled by $V = 10 e ^ { i t }$ where t represents the year, with t = 0 corresponding to 2000.In 2008, the same painting was sold for $65 million.Predict the value of the painting in 2018.(Round your answer to two decimal places.)  
A)$674.61 million
B)$874.61 million
C)$474.61 million
D)$774.61 million
E)$574.61 million

Quizplus · Accepted Answer

The Answer is A

The Value V (In Millions of Dollars) of a Famous V=10eitV = 10 e ^ { i t }V=10eit

The Value V (In Millions of Dollars) of a Famous $V = 10 e ^ { i t }$