1.

When Sam was in 7th grade, his aunt gave him a stamp worth $2500. Sam considered selling the stamp, but his aunt told him that, if he saved it, it would increase in value.When Sam was in 7th grade, his aunt gave him a stamp worth $2500. Sam considered selling the stamp, but his aunt told him that, if he saved it, it would increase in value.Sam’s Stamp Value at 6%Make a table showing the value of the stamp each year for the five years after Sam’s aunt gave it to him.

Answer»

Answer:

1st YEAR - $2650

2nd Year - $2800

3rd Year - $2950

4th Year - $3100

5th Year - $3250



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