Question

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)]

Answer 1

Answer: A 1300(1.12)^5

Hope this helps!