2. 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.
a. Write a function to represent the value A of the necklace after t years, assuming an initial 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.