Indicate the method you would use to prove the two A's
1 answer:
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Answer:
Step-by-step explanation:
In this problem we have a exponential function of the form
where
f(x) a home's value
x the number of years
a is the initial value
b is the base
b=(1+r)
r is the rate of grown
we have
a=$120,000
r=5.5%=5.5/100=0.055
b=1+0.055=1.055
substitute
