Please help!!!!!!!!!!!!!!!!!!!!!!!!Maurice just bought a new home. The home can be represented by the function y = 200,000(1.025)^x
Activity 1 of 2
Part A: What is the growth rate of the value of Maurice's home each year after 2000?
Ο Α. 97.5%
B.
0.025%
0 C.
102.5%
D.
2.5%
Part B: What would the property value of Maurice's home be after 40 years?
O A. $537,000
O B. $419,500
C. $510,000
D. $501,000