Question

Jason collects baseball cards. He bought one card for $25. Its current value is represented by the expression 25(1.02)t, where t is the number of years Jason has owned the card. Is Jason’s baseball card going up or down in value? Jason’s baseball card is going in value.

Answer 1

Is Jason’s baseball card going up by 2% every year for example

Jason’s baseball card after 1 year is
25×(1.02)^(1)=25.5
It increased by 0.5 in amount after one year