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The present value of a house is $242,000. The value of the house increases at the rate of 4% every year. A function is shown below: f(x) = 242,000(1.04)x What does f(x) represent?

The original value of the house
The future value of the house after x years
The increase in the value of the house each year
The increase in the value of the house after x years

Respuesta :

carlosego
For this case we have a function of the form:
 y = A * (b) ^ x
 Where,
 A: initial investment
 b: growth rate
 x: number of years.
 We then have the following function:
 f (x) = 242,000 (1.04) ^ x
 f (x) is the value of the house after x years.
 Answer:
 The future value of the house after x years
isaiahw0414

Answer:

B. The future value of the house after x years

Step-by-step explanation:

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