Given that,
The value of card starts increasing after 1995. In this question, we have to find the value of card at present (2020).
Initial worth = I = 9.43
Final worth = F = ?
Total years = 2020 - 1995 = 25 years
Increasing rate = r = 1.38
The final worth of a card after 'n' years is calculated as:
F = I * r^n
F = 9.43 * (1.38)^25
F = 9.43 * 3140.34
F = 29613.43
Hence, the value of the card in 2020 would be 29613.43.
