The value of a precious gem stone has increased at a rate of 120% each year. If the gems's value started at $50 in 1920, how much will it be worth in 2008?
Well first things first You just subtract 2008-1920 to see how much the year gap is between the increasing percentage of the value of the gem 2008-1920=88 Then we must multiply 120x88 120x88 gives us a value of $105,60 Hoped this helped