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
<h3>What is an Equation ?</h3>
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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