SOLUTION: Bubba has a collection of baseball cards that went up in value by 4% since last year. It is presently worth $125.99. What was the worth of the cards last year?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Bubba has a collection of baseball cards that went up in value by 4% since last year. It is presently worth $125.99. What was the worth of the cards last year?      Log On


   



Question 1040114: Bubba has a collection of baseball cards that went up in value by 4% since last year. It is presently worth $125.99. What was the worth of the cards last year?
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
P=Po{1+.04}
125.99=1.04P
P=$121.14