Ella has a collection of vintage action figures that is worth $430. If the collection
appreciates at a rate of 4% per year, which equation represents the value of the
collection after 7 years?

Question

24-06-2022
Mathematics

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Ella has a collection of vintage action figures that is worth $430. If the collection
appreciates at a rate of 4% per year, which equation represents the value of the
collection after 7 years?

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ayoushivt ayoushivt · Answer 1 · 2022-06-28T10:55:16+02:00

The equation representing the value of the collection after 7 years is value of collection = 430 + (0.04 * 430 )* 7 or value of collection = $550.4

What is an Equation ?

An equation is a mathematical statement , where the algebraic expression is equated to another algebraic expression.

It is given that

Ella has a collection of vintage action figures that is worth $430.

collection

appreciates at a rate of 4% per year

equation representing the value of the collection after 7 years is

value of collection = 430 + (0.04 * 430 )* t

value of collection = 430 + (0.04 * 430 )* 7

= $550.4

Therefore the equation representing the value of the collection after 7 years is value of collection = 430 + (0.04 * 430 )* 7 or value of collection = $550.4

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Ella has a collection of vintage action figures that is worth $430. If the collection appreciates at a rate of 4% per year, which equation represents the value of the collection after 7 years?

Respuesta :

What is an Equation ?

Otras preguntas

Ella has a collection of vintage action figures that is worth $430. If the collection
appreciates at a rate of 4% per year, which equation represents the value of the
collection after 7 years?