The value of a house is expected to increase by 5% per year over the next several years. The current value of the house is $175,

Question

3 years ago

15

000. Is this situation an example of exponential growth or exponential decay?

1 answer:

mihalych1998 [28] · Answer 1 · 2022-10-16T07:17:51+03:00

5 0

Answer:

Exponential Growth

Step-by-step explanation:

This would be a case of decay if the value of the house were to decrease by 5% but since it is an increase, it is in fact, growth.