Answer:
Growth 119
Step-by-step explanation:
It is positive and the percentage is 1.19 with the decimal moved 2 places to to the right.
Answer:
The value after three years is $137,027.97
Step-by-step explanation:
Here, we want to get the value of the home after 3 years
Generally, we have the exponential formula as follows;
y = P(1 + r)^t
where P is the original cost which is $124,400
r is the rate of increase which is 3% = 3/100 = 0.03
t is the time which is 3 years
Substituting these values;
y = 125400(1 + 0.03)^3 = $137,027.97
Answer:
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Step-by-step explanation:
Answer:
A=-2
Step-by-step explanation:
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