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(Solved): please help me ! Art masterpieces. In 2005 , a collector paid $205,500,000 for Pablo Picasso's "Garc ...
please help me !
Art masterpieces. In 2005 , a collector paid $205,500,000 for Pablo Picasso's "Garcon à la Pipe." The same painting sold for $50,000 in 1960 . a) Find the exponential growth rate k, to three decimal places, and determine the exponential growth function V, for which V(t) is the painting's value, in dollars, t years after 1960. k=V(t)= (Round to 3 decimals) eT (Round to 3 decimals) b) Predict the value of the painting in 2020. Painting Value =$ (Round to 2 decimals) c) What is the doubling time for the value of the painting? T=yr (Round to 1 decimal) d) How long after 1960 will the value of the painting be $2 billion? T - yr (Round to the next whole year)