he value of an autographed baseball from 2017 is $300. The value of the baseball exponentially increases by 5% each year after 2017. Write a one-variable inequality that could be used to solve for the number of years, x, it would take for the baseball to be worth at least $650. Do not use any dollar signs in the inequality. Write the inequality in standard form.
Accepted Solution
A:
If the ball increases by 5% each year, then it's value over t years would be: fv=300*(1+.05)^t, where fv is future value. So: 300*(1.05)^t=650 1.05^t=2.166667 t=15.85 years ☺☺☺☺