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23 March, 08:54

Mr. hong is a rare coin collector he recently bought a coin valued $5400 it has been determined that the coin will increase in value by $30 each month mr Hong plans to sell the coin in 5 years name the quantities that change in this problem

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  1. 23 March, 11:28
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    Answer:$7,200

    Quantities that changed in the problem are

    1. The value of the coin

    2. The time it took to appreciate to that value

    Step-by-step explanation:

    Current value = $5,400

    Increase in value (monthly) = $30

    In 5 years time, the value would increase by

    (12*5) * $30 = $1800

    Value in five years = current value + increase in value

    Value in five years = $5400 + $1800

    Value in five years = $7,200
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