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Hatshy [7]
1 year ago
8

Jim thinks that the value of a baseball card can be modeled by a decay formula and that the value will decrease at a rate of 0.2

% each year. The card was originally valued at $250 in 2007.
What would Jim expect the value of the card to be in 2018?
Mathematics
1 answer:
Sindrei [870]1 year ago
6 0

Answer: $244.55

A = $250  ;  r=0.002   t= 11   [From 2007 to 2018 , t=2018-2007]

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