The present value of a house is $242,000. The value of the house increases at the rate of 4% every year. A function is shown bel

Question

3 years ago

12

The present value of a house is $242,000. The value of the house increases at the rate of 4% every year. A function is shown bel

ow: f(x) = 242,000(1.04)x What does f(x) represent?
The original value of the house
The future value of the house after x years
The increase in the value of the house each year
The increase in the value of the house after x years

Mathematics

2 answers:

spayn [35] · Answer 1 · 2022-09-18T04:20:50+03:00

spayn [35]3 years ago

6 0

It will be the value of the house in x years.

DiKsa [7] · Answer 2 · 2022-09-18T06:36:28+03:00

DiKsa [7]3 years ago

5 0

The future value of the house after x years