Mathematics, 21.05.2020 08:01, NutMeg6544

A home in small town in Texas is currently worth $344,000. It is expected to grow by 5% per year over the next several years.

Part A: Write the equation to model the situation in the form y=a(b)^x where y represents the value of the home after x years.

Part B: What will be the approximate value of the home in 10 years? Round your answer to the nearest cent.

Answers: 1

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