Find the value of a wine collection, currently valued at \$4790, after 10 years if its rate of appreciation is 9\% p.a.
The value of a piece of land is expected to grow by 6.8\% each year for the next 5 years. If it currently costs \$460 per square metre, calculate its value at the end of 5 years.
Due to dwindling supplies of oil, oil prices are expected to appreciate by 7.2\% p.a. If the current price of oil is \$79 a barrel, what is the expected price of a barrel in 23 years time?
A house was valued 6 years ago to be worth \$548\,000. Its value appreciated at 5.2\% p.a. What is its appreciated value? Give your answer to the nearest dollar.
If a piece of land appreciates at an average rate of 3.7\% per annum and its current value is \$430\,000, calculate its value in 3 years. Give your answer to the nearest dollar.
A high interest bank account deposit appreciates at 6.6\% per annum and is currently valued at \$46\,000. What will its value be in 8 years? Give your answer to the nearest dollar.
The federal government wants to increase funding to a certain program over 8 years at a constant rate of 4.75\% per annum over that time period. If the initial funding was \$14\,000\,000, find the value of the funding (to the nearest dollar) after:
1 year
4 years
8 years
A car enthusiast purchases a vintage car for \$220\,000. Each year, its value increases by 12 percent of its value at the beginning of the year. Find the value of the car after 7 years.
Calculate the value of a \$1330 brand new desk after 7 years when the annual inflation rate is 11\%.
In 2001, the price of a bottle of orange juice was \$3.20. What was the price of a bottle of orange juice in 2006 if the inflation rate was 8\% p.a.?
For an inflation rate of 7.4\% per year, what is the expected value of a \$210 basket of groceries 7 years from now?
The price of a movie ticket in 1996 was \$5. If the value inflated at an average rate of 3.2\% per annum, what would the price have been in 2005?
A one year sports club membership currently costs \$332. Calculate the cost in 6 years time if the inflation rate is 2.6\% per annum. Round your answer to the nearest dollar.
In terms of today's dollar, what will be the value of \$5 in 15 years time if the inflation rate is:
2.1\% p.a.
4.1\% p.a.
A country's population of 18 million people is expected to increase by 2.1\% p.a. over the next 38 years. Calculate the expected population in 38 years time.
A scientist observed that a certain species of bacteria grew by 13\% each hour. How many bacteria will be present after 17 hours if there were 79 bacteria initially?
The population of Joanne's home town is 27\,400 and has a growth rate of 6\% each year.
Find the size of the population after 7 years.
How many more people will be in the town after 10 years?
The population of cows at a free range farm has a growth rate of 17\% p.a. If the farm originally has 140 cows, how many will there be after 4 years?
Tina currently follows 174 people on Twitter. The number of people she follows is growing at a rate of 5\% per month. How many people will she be following in 6 months?