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22 March, 14:02

The value of a rare comic book is expected to follow a geometric sequence from year to year. It is presently worth $800 and is expected to be worth $1250 two years from now. How much is the comic book expected to be worth one year from now and three years from now?

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  1. 22 March, 14:19
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    You add 1/4 each year:

    800 to 1000 in one year

    1000 to 1250 in 2

    1250 to around 1812.5
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