Question

Suppose the value of a rare quarter is increasing exponentially. In 2009 it was worth
$0.80 and in 2010 it was worth $0.84. How much will it be worth in 2029?

Please help? I've been staring at this question for half an hour by now :-|

Answer 1

In 2029 worth in $1.60 because each year go up $0.04