The number 1.04 represents the rate at which the house appreciates, or increases in its price annually.
As according to the values of an exponential equation, which is represented by this: y=ab^x, the a value represents the original price, the b value represents the rate of growth/decay (if growth, you add 1 to the rate, if decay, you subtract the rate from 1), and x represents the amount of times it decays or grows.
As according to the function <span> f(x) = 242,000(1.04)^x, 242,000 is the original price and 1.04 is the rate of growth since 1 has been added to the the 4% annual growth.</span>
Answer:
I'm not sure how to answer this.
Step-by-step explanation:
Is this the full question? The context seems to be missing something. Who are Ben and Scott and who are the other 2 candidates?
Maybe post another question and rephrase it.
Answer:
Closed boundary point
Step-by-step explanation:
It says greater than OR equal too and having a closed boundary will indicate that 21 is apart of the inequality also.
I hope this helps
Answer: 2.4
Step-by-step explanation:
4/5 x 3 = 2 and 3/5
2 and 3/5 converted into decimal is 2.4
You're welcome!
