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Mathematics, 18.05.2021 01:00 meganwintergirl
The value of a home y (in thousands of dollars) can be approximated by the model y = 250(1.09)^t
where t is the number of years since 2010.
a. Tell whether the model represents exponential growth or exponential decay growth
b. Identify the annual percent increase or decrease in the value of the home.
c. Estimate the year when the value of the home will be $706,000.
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The value of a home y (in thousands of dollars) can be approximated by the model y = 250(1.09)^t
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