Question

1. the cost of a rare coin was $2,000 in 1995, $3,250 in 2000, and $4,500 in 2005. if this pattern continues, what will the price likely be in 2010?

Explanation:

Step1: Calculate 1995-2000 price change

$\$3,250 - \$2,000 = \$1,250$

Step2: Calculate 2000-2005 price change

$\$4,500 - \$3,250 = \$1,250$

Step3: Predict 2010 price

$\$4,500 + \$1,250 = \$5,750$

Answer:

$\$5,750$