SOLUTION: The value of Tyler's coin collection has been increasing by 5% per year. If it is worth $8500 now, how much will it be worth after one year? After two years?

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Question 1115116: The value of Tyler's coin collection has been increasing by 5% per year. If it is worth $8500 now, how much will it be worth after one year? After two years?
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
The value of Tyler's coin collection has been increasing by 5% per year. If it is worth $8500 now, how much will it be worth after one year?
$8500*1.05
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After two years?
$8500*1.05*1.05