Cami is comparing the frowth rates in the value of two items in a collection. the value of a necklace increases by 3.2% per year. the ue f a ring increases by 0.33% per month.
a. write a function to represent the value a of the necklace after 30 years assuming an initial value of $1 then write an equivalent function with power of 12t
b. which item is increasing in the value at a faster rate? explain
c. what is the approximate annual rate of growth of the ring? how does your result relate to your answer to part b?