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3 years ago

**BRAINLIEST IF ANSWERED*

Mathematics

1 answer:

olga2289 [7]3 years ago

3 0

Answer:

(-5,10)

Step-by-step explanation:

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3 years ago

A home’s value increases at an average rate of 5.5% each year. The current value is $120,000. What function can be used to find

Wewaii [24]

Answer:

$y=120,000(1.055)^x$

Step-by-step explanation:

we know that

The equation of a exponential growth function is given by

$y=a(1+r)^x$

where

y is the value of the home

x is the number of years

a is the initial value

r is the rate of change

we have

$a=\$120,000\\r=5.5\%=5.5/100=0.055$

substitute

$y=120,000(1+0.055)^x$

$y=120,000(1.055)^x$

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2 years ago