The price of a new home is $350,000. the value of the home appreciates 2% each year. how much will the home be worth in 10 years? even the exponential function in order to solve the problem would be great!

The worth of home in 1 0 years is $371422.8

Step-by-step explanation:

We are given

The price of a new home is $350,000

so, P=350000

The value of the home appreciates 2% each year

r=2%=0.02

t=10 years

We can use formula

where

A is the amount after t years

now, we can plug values

and we get

So, the worth of home in 1 0 years is $371422.8

sorry man i accidentally pressed yes my bad

step-by-step explanation:

13cm

step-by-step explanation:

(apex)