ramireztalia06 ramireztalia06

24-05-2022
Mathematics

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. In the year 2019, the average price of a home was $275,000. Every year after 2019, the average price of the home with increase by 4%. Write a function that models the average price of a home that is x years since 2019?

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Аноним Аноним

24-05-2022

Answer:

Below in bold.

Step-by-step explanation:

The growth factor 1 + 4%

= 1 +0.04

= 1.04.

The required function is

A = 275000(1.04)^x where A is the average price after x years since 2019.

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