Question

Fidel has a rare coin worth $500 Each decade, the coin's value increases by %20.

Draw a graph show casing the coins value y (in dollars) after x decades?


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Answer 1

[AI-generated answer — Bot GPT 3.5]

To create the graph, we need to plot the value of the coin for each decade. We start with the initial value of $500 and increase it by 20% for each decade.

Decade 0: $500
Decade 1: $500 * 1.20 = $600
Decade 2: $600 * 1.20 = $720
Decade 3: $720 * 1.20 = $864
Decade 4: $864 * 1.20 = $1,037.80
Decade 5: $1,037.80 * 1.20 = $1,245.36
and so on...

I will provide a rough image of what the graph may look like with these values. Keep in mind that the values are calculated based on the assumption of a 20% increase in value for each decade.

(See attached image)