fritzlhomme fritzlhomme

26-11-2014
Mathematics

Answered

The value of a rare comic book is expected to follow a geometric sequence from year to year. It is presently worth $800 and is expected to be worth $1250 two years from now. How much is the comic book expected to be worth one year from now and three years from now?

Verified Answer :

MicahSE MicahSE

26-11-2014

you add 1/4 each year:
800 to 1000 in one year
1000 to 1250 in 2
1250 to around 1812.5

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