Ask Question
16 October, 03:22

Zhang thinks that the value of a baseball card can be modeled by exponential decay and that the value will decrease at a rate of 0.2% each year. The card was originally valued at $250 in 2007. What would Zhang expect the card to be in 2018? Round the value of the card to the nearest cent. Show all work

+2
Answers (1)
  1. 16 October, 05:42
    0
    The correct answer would be

    $249.45

    2018 - 2007 = 11

    11 x 0.2% = 0.22%

    0.22% of 250 = 0.55

    250 - 0.55 = 249.45

    $249.45
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Zhang thinks that the value of a baseball card can be modeled by exponential decay and that the value will decrease at a rate of 0.2% each ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers