The selling price of a certain collector's item was $10 in 2000 and $15 in 2001. If the selling price of the item follows a geometric sequence, what would the price of the item be in 2002?

Find the rate of change by dividing the value of one term by the value of the preceding term, in your problem:

$15/$10 = 3/2 or 1.5, this is your rate of change

1.5 ($15) = $22.50

Step-by-step explanation:

step-by-step explanation:

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