Brad bought a piece of industrial real estate for $192,345. The value of the real estate appreciated a constant rate per year. T
he table shows the value of the real estate after the first and second years:
Year:
1
2
Value (in dollars):
$200,038.80
$208,040.35
Which function best represents the value of the real estate after t years?
A. f(t) = 200,038.80(1.04)^t
B. f(t) = 200,038.80(0.04)^t
C. f(t) = 192,345(0.04)^t
D. f(t) = 192,345(1.04)^t
Year:
1
2
Value (in dollars):
$200,038.80
$208,040.35
Which function best represents the value of the real estate after t years?
A. f(t) = 200,038.80(1.04)^t
B. f(t) = 200,038.80(0.04)^t
C. f(t) = 192,345(0.04)^t
D. f(t) = 192,345(1.04)^t
1 answer:
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