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The value of a house is expected to increase by 5% per year over the next several years. The current value of the house is $175,000. Is this situation an example of exponential growth or exponential decay?

User MaHuJa
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Answer:

Exponential Growth

Explanation:

This would be a case of decay if the value of the house were to decrease by 5% but since it is an increase, it is in fact, growth.

User Domecraft
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