asked 232k views
1 vote
So Maurice just bought a new home. The home can be represented by the function y = 200,000(1.025)^x. What is the growth rate of the value of Maurice's home each year after 2000 and what would the property value of Maurice's home be after 40 years?

1 Answer

3 votes
The growth would be 2.19 after each year
answered
User Newday
by
8.4k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.