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Rare Ty Cobb Baseball Cards

Last updated over 7 years ago

6 questions

Note from the author:

Real-world example of exponential growth

1

Question 1

1.

1

Where were the Ty Cobb cards found and in what year?

Question 2

2.

How many cards were found?

1

Question 3

3.

Before these cards were found, how many were known to exist?

1

Question 4

4.

How much is one of the Ty Cobb cards potentially worth?

1

Question 5

5.

In what year were they printed?

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Question 6

6.

These cards were sold in packages of tobacco manufactured by the American Tobacco Company in Durham, NC, owned by J. B. Duke. Tobacco packs, at that time, cost $0.20.
Using that as the initial price of one card, what is the percent increase in value each year since they were sold?
What is the total value of all cards found?
Show your work.