Question

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

Answer 1

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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