Respuesta :
To find the future value, you would multiply the starting value from year one by 1+ the percent of increase per year raised to the number of years you want.,
The starting value of the house would be the value from year one: 212,566.20
The equation would then be: f(t) = 212,566.20(1.05)t
This question is based on the concept of function. Therefore, the correct option is C, f(t) = 212,566.20(1.05)t is function best represents the value of the apartment building after t years.
Given:
Brielle bought an apartment building for $202,444.
Year: 1 2
Value (in dollars): $212,566.20 $223,194.51
We need to determined the function best represents the value of the apartment building after t years.
According to the question,
Now, calculating the future value, we would multiply the starting value from year one by 1+ the percent of increase per year raised to the number of years we want.,
The starting value of the house would be the value from year one: 212,566.20
The equation would be: f(t) = 212,566.20(1.05)t.
Therefore, the correct option is C, f(t) = 212,566.20(1.05)t is function best represents the value of the apartment building after t years.
For more details, prefer this link:
https://brainly.com/question/20913961