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Please help me

The following function represents the value of a house after x years:

f(x) = 242,000(0.96)x

What does 0.96 represent?
The present value of the house
The value of the house after x years
The increase in the value of the house per year, which is 4%
The decrease in the value of the house per year, which is 4%

User Gissela
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1 Answer

6 votes
The value after X years is f(X) = 0.96, thus the value of the house after x years.
User Asv
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