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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