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Ted’s comic book collection, which was worth $1300 five years ago, has been increasing in value by 12% per year since then. What expression gives the current value of the collection? A 1300(1.12)^5 C 1300(1.
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Ted’s comic book collection, which was worth $1300 five years ago, has been increasing in value by 12% per year since then. What expression gives the current value of the collection?

A 1300(1.12)^5
C 1300(1.12)(5)
B 1300(.12)^5
D 1300[1 + (.12)(5)]

User John Yin
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Answer: A 1300(1.12)^5

Hope this helps!

User Abhishek Patidar
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