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  • 5 years ago

The 1957 Studebaker Golden Hawk has become a car of interest to those investing in classic cars. In 1967 a 10 year-old Golden Hawk sold for only $800, and in 2006, this car, in top condition, was worth about $27,000. Question: Estimate the value of the car in 2008.

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  1. anonymous
    • 5 years ago
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    i am willing to do all the work, i just dont know where to start. i did find the value of k (1/39 ln 2700/800)= .0902 and i think the exponentiial growth is N(0)=800e.0902t

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