Read the situation below and determine whether it is linear or exponential. If linear, find and interpret the rate of change. If exponential, find and interpret the percent change. Approximate if needed. The common ratio for the home prices in an Austin neighborhood is 1.08 every year for the past five years
Read the situation below and determine whether it is linear or exponential. If linear, find and interpret the rate of change. If exponential, find and interpret the percent change. Approximate if needed. The common ratio for the home prices in an Austin neighborhood is 1.08 every year for the past five years
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter6: Exponential Functions And Sequences
Section: Chapter Questions
Problem 14CR
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Read the situation below and determine whether it is linear or exponential. If linear, find and interpret the rate of change. If exponential, find and interpret the percent change. Approximate if needed.
The common ratio for the home prices in an Austin neighborhood is 1.08 every year for the past five years.
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