Question

The expression 210,000(1.02) x models the estimated home value after x years. Which statement is the

correct representation of the 1.02 in the expression?

Answer 1

Answer: The house is increasing in value by 2 percent each year.

Step-by-step explanation: The house is increasing in value by 2 percent each year, is the correct representation of the 1.02 in the expression.