Question 11 (1 point)
(03.06 MC)
Braden bought a piece of commercial real estate for $101,234. The value of the real estate appreciated at a constant rate per year. The table
shows the value of the real estate after the first and second years:
Year
1
12
Value (in dollars) $104,271.02 $107,399.15
Which function best represents the value of the real estate after t years?
O a
f(t) = 101,234(1.03)
Ob
f(t) = 101,234(0.03)
f(t) = 104,271.02(1.03)
f(t) = 104,271.02(0.03)
OC
Od
Question 12 (1 point)