Question

Growth or decay help!!!!

Answer 1

If the antique's value increases over time, it must be growing (not decaying) in value.

We're told the value increases by 12.12%, which means that if the current value is $x$, then the value after 1 year is $x+0.1212x=1.1212x$. Each year, the value increases by the same factor, which means after 2 years, the value is $1.1212(1.1212x)=1.1212^2x$; after 3 years, the value is $1.1212^3x$; and so on.

Here $x$ is the starting value of the antique. So the answer is the second choice.