In the year 1985, a house was valued at $110,000. By the year 2005, the value had appreciated to $145,000. Find the annual growth rate between 1985 and 2005 assuming that the value continued to grow by the same percentage and use it to write a function that models the exponential growth in the house’s value in dollars V over time t, where t is the number of years since 1985.

Write your answer in the form V(t)=a(b)^t . Round the b value to 4 decimal places.