legacyoflight
legacyoflight legacyoflight
  • 18-03-2021
  • Mathematics
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So Maurice just bought a new home. The home can be represented by the function y = 200,000(1.025)^x. What is the growth rate of the value of Maurice's home each year after 2000 and what would the property value of Maurice's home be after 40 years?

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sp18000 sp18000
  • 18-03-2021
The growth would be 2.19 after each year
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