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Anonymous Anonymous
  • 15-01-2017
  • Mathematics
Answered

A collector’s hockey card is purchased in 1990 for $5. The value increases by 6% every year.

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Dez71703
Dez71703 Dez71703
  • 15-01-2017

So if the cars is purchased in 1990 for five dollars and its value increases by 6% each year you would do : 5$ x 6% = .30 cents. And if its 2017 now its value would be a total of: 27 years of a .30 cent  increase each year ... 27 x .30 that would be 8.1$ + 5$ = 13.1$        Im sorry if I am wrong on this didnt get much information based on this question              

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