Problema Solution
Question Part
Points
Submissions Used
1
0/1
6/100
Total
0/1
. ..
A collector of football trading cards paid $7 for a 1984 Dan Marino rookie card several years ago. If the card is now worth $100, what is the percent of increase in the card's value
Answer provided by our tutors
We can write:
(1+n)7=100
where 'n' is the fractional increase. Using Algebrator to solve for 'n', we get:
n=13.2857
Therefore the percent increase is 1328.57%.