Question
Asked Feb 26, 2020
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The equation for the price of a baseball card that was bought for 5 dollars and has appreciated 5%
yearly. Find the value of the card 25 years later.
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The equation for the price of a baseball card that was bought for 5 dollars and has appreciated 5% yearly. Find the value of the card 25 years later.

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Expert Answer

Step 1

Given: The equation for the price of a baseball card that was bought for 5 dollars and has appreciated 5% yearly.

Step 2

Concept used:

Exponentially growth formula:

Algebra homework question answer, step 2, image 1

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