At the start of 2014 Tim's house was worth 100,000.

1 answer:

5 0

For this case we have a function of the form:
y = A * (b) ^ t
Where,
A: initial amount
b: growth rate
t: time
Substituting values we have:
y = 100000 * (1.10) ^ 4
y = 146410
Answer:
the value of his house at the start of 2018 is:
y = 146410

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Another method for solving such an equation is to subtract one side from the other and look for the value of x that makes the resulting expression zero.

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