Question

Question 11

A house is currently worth $120,000 and is increasing in value at a rate of 6% per year
Which explicit expression would model the value of the house after 3 years?
A
120,000(0.94)3
B
120,000(1.06)
120,000 + 0.94 (3)
120,000 + 1.06 (3)
D

Answer 1

Answer





B




If it increases 6% after 3 years it would be something like B