Question

PLEASE PLEASE PLEASE PLEASE PLEASE PLEASE HELP ME!!!!!!!! THATS ALL. I WILL GIVE POINTS, FAN, MEDAL. PLEASE, I AM SO BAD AT MATH PLEASE HELP HELP HELP!!!!!!!!!!!!!!!!!!!

The following function represents the value of a house after x years: f(x) = 242,000(0.96)x What does 0.96 represent?


Select one:
a. The present value of the house
b. The value of the house after x years
c. The increase in the value of the house per year, which is 4%
d. The decrease in the value of the house per year, which is 4%

Answer 1

It's D, if C were to be correct like the last person claimed, .96 would have to be 1.04

Answer 2

c is your answer I believe