Question 4 options: A rare coin is purchased for $2500 in the year 2000. It appreciates (increases) in value by 5% each year. Its value, A(t), after 20 years is $

Sanderson is having trouble with his assignment. his shown work is as follows: − 3 7 7 3 = − 3 7 × 7 3 = − 21 21 = −1 however, his answer does not match the answer that his teacher gives him. complete the description of sanderson's mistake. find the correct answer.