The expression 210,000(1.02) x models the estimated home value after x years. Which statement is the correct representation of the 1.02 in the expression?

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Michael Tiller asked Feb 16, 2023

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The expression 210,000(1.02) x models the estimated home value after x years. Which statement is the

correct representation of the 1.02 in the expression?

Mathematics
college

Michael Tiller asked Feb 16, 2023

by Michael Tiller

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Answer: The house is increasing in value by 2 percent each year.

Step-by-step explanation: The house is increasing in value by 2 percent each year, is the correct representation of the 1.02 in the expression.

GermanK answered Feb 22, 2023

by GermanK

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