You Collect Model Cars

question 65

Multiple Choice

You collect model cars. One particular model increases in value at a rate of 5% per year. Today, the model is worth $29.50. How much additional money can you make if you wait ten years to sell the
Model rather than selling it five years from now?

• A) $9.98
• B) $10.40
• C) $10.86
• D) $11.03
• E) $11.24

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