Register
So Maurice just bought a new home. The home can be represented by the function y = 200,000(1.025)^x. What is the growth rate of the value of Maurice's home each year after 2000 and what would the property
232k views
1 vote
So Maurice just bought a new home. The home can be represented by the function y = 200,000(1.025)^x. What is the growth rate of the value of Maurice's home each year after 2000 and what would the property value of Maurice's home be after 40 years?

User Russell Giddings
by
6.8k points

1 Answer

3 votes
The growth would be 2.19 after each year
User Newday
by
6.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.2m questions

9.5m answers

Other Questions

How do you estimate of 4 5/8 X 1/3
Please solve the following equation. x-6x=56
whats the most accurate estimation of 65+77
Find the additive inverse of 18/23
What is 25% of 500.00
Link Copied!