Jason collects baseball cards. He bought one card for $25. Its current value is represented by the expression 25(1.02)t, where t is the number of years Jason has owned the card. Is Jason’s baseball card going up or down in value? Jason’s baseball card is going in value.

Respuesta :

Is Jason’s baseball card going up by 2% every year for example

Jason’s baseball card after 1 year is
25×(1.02)^(1)=25.5
It increased by 0.5 in amount after one year

Jason’s baseball card goes up if Jason collects baseball cards. He bought one card for $25.

What is an exponential function?

It is defined as the function that rapidly increases and the value of the exponential function is always positive. It denotes with exponent [tex]y = a^x[/tex]

where a is a constant and a>1

We have:

Jason collects baseball cards. He bought one card for $25.

The equation is:

[tex]\rm current \ value = 25(1.02)^t\\\\[/tex]

As we know, the exponential function is represented by:

y = ab×

If b > 1 then the function will be increasing.

1.02 > 1

Thus, Jason’s baseball card goes up if Jason collects baseball cards. He bought one card for $25.

Learn more about the exponential function here:

brainly.com/question/11487261

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