schoolkevon schoolkevon

06-05-2020
Mathematics

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Please HELP LOTS OF POINTS
Question:

Clay bought a baseball card in 2001 for $50. In 2016, the card's value was $500. Determine the average annual rate (r) of appreciation to the nearest whole percent. Show all work.

Respuesta :

ajshucosky ajshucosky

06-05-2020

Answer:

67%

Step-by-step explanation:

500=50*x*15

500=750*x

500/750=x

.666666666=x

.67=x

67%=x

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