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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. |
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Answer» Answer: 1st YEAR - $2650 2nd Year - $2800 3rd Year - $2950 4th Year - $3100 5th Year - $3250 |
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