Ahome’s value increases at an average rate of 5.5% each year. the current value is $120,000. what function can be used to find the value of the home after x years?

Step-by-step explanation:

To build the equation we need to get  the value.

120,000

Lets add the percent which is 1.055 since it is 5.5% added to nothing increasing

120,000(1.055)x