1) Listen 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" · 1.05", 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 1.05 + 2y, but he made a mistake. How can the collector correct his mistake? Select from the drop-down lists to correctly complete the sentence. The base of the simplified expression should be and the exponent should be Calculator

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 7SC
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1) Listen
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" · 1.05, 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 1.05+29, but he made a mistake. How can the collector correct his mistake?
Select from the drop-down lists to correctly complete the sentence.
The base of the simplified expression should be
and the exponent should be
A Calculator
ind.com/View/resource/25084e756a31a76691a791dfb2345bd214cb0394/launch/bb0de340-4bd6-47b7-bf7e-f3ef6902f797/assessment#
DII
PrtScn
F2
F3
F4
F5
F6
F7
5
R
Transcribed Image Text:1) Listen 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" · 1.05, 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 1.05+29, but he made a mistake. How can the collector correct his mistake? Select from the drop-down lists to correctly complete the sentence. The base of the simplified expression should be and the exponent should be A Calculator ind.com/View/resource/25084e756a31a76691a791dfb2345bd214cb0394/launch/bb0de340-4bd6-47b7-bf7e-f3ef6902f797/assessment# DII PrtScn F2 F3 F4 F5 F6 F7 5 R
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