### Home > A2C > Chapter 3 > Lesson 3.2.1 > Problem 3-101

3-101.

For each of the problems below, find the initial value.

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).