Question

Mr Hong is a rare coin collector. He recently bought a coin valued at $5400. It has been determined that the coin will increase in value by $30 each month. Mr Hong plans to sell the coin within 5 years. a. name the quantities that stay the same in this problem situation & the quantities that remain constant .

Answer 1

$30 is your constant
Months would be your independent variable
Total cost would be dependent
Therefore, your total cost would “depend” on the number of months “independent” times your constant of 30