2) A rare stamp was worth $65 in 1995. It was predicted to grow in value at a rate of 8% peryear.a) Write an equation to represent the value of the stamp, y dollars, as a function of thenumber of years, x, since 1995.b) What is the value of the stamp today?c) In which year the stamp will double the value?

Answered: Image /qna-images/answer/eab3b291-f1fe-4d02-8414-d8879682f886.jpg

Answered: 2) A rare stamp was worth $65 in 1995.…

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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