Cami is comparing the growth rates in the value of two items in a collection. the value of a necklace increases by 3.2% per year. the value of a ring increases by 0.33% per month. write a function to represent the value of A of the necklace after t years, assuming the inital value of $1 then write an equivalent function with a power of 12t
B. which item is increasing in value at a faster rate? explain
function;
equivalent function;
C. What is the approximate annual growth rate of the ring? How does your result relate to your answer in part B?
