Question

The Diaz family bought a house for $240,000. The

value of the home has been increasing by 3% per
year. Write an exponential function.
a.y = 240,000 (0.3)*
b. y = 240,000 (1.3)*
c.y = 240,000 (0.3)*
d.y = 240,000 (1.03)*

Answer 1

240,000 (0.03) is the answer