Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN: 9780134463216
Author: Robert F. Blitzer
Publisher: PEARSON
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2) A rare stamp was worth $65 in 1995. It was predicted to grow in value at a rate of 8% per
year.
a) Write an equation to represent the value of the stamp, y dollars, as a function of the
number of years, x, since 1995.
b) What is the value of the stamp today?
c) In which year the stamp will double the value?
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Transcribed Image Text:2) A rare stamp was worth $65 in 1995. It was predicted to grow in value at a rate of 8% per year. a) Write an equation to represent the value of the stamp, y dollars, as a function of the number of years, x, since 1995. b) What is the value of the stamp today? c) In which year the stamp will double the value?
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