Question

Sam collects baseball cards. When Sam bought his most prized baseball card, it had a value of b dollars. Sam recently learned that the value of this baseball card has increased in value. The current value of the baseball card can now be written as the following equation: b + 0.62b = 2.48. Sam claims that the value of his baseball card has increased in value by ________ dollars.

Answer 1

The value of Sam's baseball card has increased by approximately $1.5321.

Step-by-step explanation:

To find out how much Sam's baseball card has increased in value, we need to solve the equation b + 0.62b = 2.48. Combining like terms, we get 1.62b = 2.48. We can then divide both sides of the equation by 1.62 to solve for b, which gives us b ≈ 1.5321. Therefore, the value of Sam's baseball card has increased by approximately $1.5321.