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The price of a new home is $350,000. The value of the home appreciates 2% each year. How much will the home be worth in 10 years? Exponential function

The price of a new home is $350,000. The value of the home appreciates 2% each year. How much will the home be worth in 10 years? Exponential function
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4 votes
The price of a new home is $350,000. The value of the home appreciates 2% each year. How much will the home be worth in 10 years?

Exponential function

asked
User Galen Long
by
7.8k points

1 Answer

4 votes

Answer:

$420,000 would be your answer

Explanation:

answered
User Ken Lee
by
8.4k points
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