### Home > INT3 > Chapter 2 > Lesson 2.2.2 > Problem 2-58

2-58.

For each of the problems below, find the initial value to the nearest dollar.

Five years from now, a bond that appreciates at

per year will be worth . The initial value was

. Seventeen years from now, Ms. Speedi’s car, which is depreciating at

per year, will be worth . See part (a).