The equation V=211000 (1.08)tV=211000 (1.08)t represents the value (in dollars)of a house t years after its purchase.

Madaline asked Nov 7, 2023

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Madaline asked Nov 7, 2023

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18 votes

We will have the following:

The value of this house is increasing at a rate of 8 percent per year.

The purchase price of the house was $211 000 dollars.

Jason Youk answered Nov 11, 2023

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