Which statement(s) can be interpreted from the equation for a real estate value, V(C)=228,000(1.03)' where V(C) represents the value of the real estate and t represents the time in years? The equation is an exponential growth equation.

The equation is an exponential decay equation

The equation is neither exponential decay nor exponential growth

$228,000 represents the initial cost of a real estate that appreciates 3% per year over the course of years.

$228,000 represents the initial cost of a real estate that appreciates 30% per year over the course of t years

$228,000 represents the initial cost of a real estate that depreciates 3% per year over the course of t years

$228,000 represents the initial cost of a real estate that depreciates 30% per year over the course of t years

The equation is an exponential growth equation.

$228,000 represents the initial cost of a real estate that appreciates 3% per year over the course of years.

Step-by-step explanation:

the correct equation is: V(C)=228,000(1.03)^t

Hi, to answer this question we have to apply an exponential growth equation:  

A = P (1 + r) t  

Where:  

p = initial cost

r = growing rate (decimal form)  

t= years  

A =cost after t years  

Before applying the formula:

1.03 = 1+r

1.03-1 =r

0.03=r

Replacing with the values given:  

A = 228,000 (1+ 0.03)^t

r = 0.03

Since r  is in decimal form, we have to multiply it by 100  

0.03 x 100 = 3% appreciation per year

Feel free to ask for more if needed or if you did not understand something.  

answer: city needs 2.4 inches of rainfall more to match the record of 40 inches.

step-by-step explanation:

since we have given that

total annual rainfall a city record = 40 inches

this year, total rainfall recorded = 37.6 inches

number of inches of rainfall   is needed to match the record of 40 inches is given by

hence, city needs 2.4 inches of rainfall more to match the record of 40 inches.

(x+3)(x+7)

step-by-step explanation: