a. Suppose you own a stamp collection valued at $1500. The collection is increasing in value at a rate of 3.5% a year. Write an equation to represent the value of your stamp collection over time. Let y = the value of your collection, let x = the years. y = What will your collection be worth 10 years from now? round to hundredths place

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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a. Suppose you own a stamp collection valued at $1500. The collection is increasing in value at a rate
of 3.5% a year.
Write an equation to represent the value of your stamp collection over time.
Let y = the value of your collection, let x = the years.
y =
What will your collection be worth 10 years from now?
round to hundredths place
$
Transcribed Image Text:a. Suppose you own a stamp collection valued at $1500. The collection is increasing in value at a rate of 3.5% a year. Write an equation to represent the value of your stamp collection over time. Let y = the value of your collection, let x = the years. y = What will your collection be worth 10 years from now? round to hundredths place $
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