A collector purchased a rare coin for $100.  After the purchase, the coin’s value increased by 10.25% per year for the first x years and 5% per year for the next y years.  The expression 1.1025 x ⋅ 1.05y when multiplied by 100, reveals the value of the coin, in dollars, (x+y) years after the coin was purchased.  The collector simplified the expression to 1.05x+2y, but he made a mistake.  How can the collector correct his mistake? The base of the simplified expression should be (1.05, 1.1025), and the exponent should be (2xy, x+y, x+2y, 2x+y, 2x+2y). choose one for each

Algebra for College Students
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ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Systems Of Equations
Section11.CT: Test
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A collector purchased a rare coin for $100.  After the purchase, the coin’s value increased by 10.25% per year for the first x years and 5% per year for the next y years.  The expression 1.1025 ⋅ 1.05when multiplied by 100, reveals the value of the coin, in dollars, (x+y) years after the coin was purchased.  The collector simplified the expression to 1.05x+2y, but he made a mistake.  How can the collector correct his mistake?

The base of the simplified expression should be (1.05, 1.1025), and the exponent should be (2xy, x+y, x+2y, 2x+y, 2x+2y).

choose one for each

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