Suppose you purchase a house  for $753,000 and the value of the house increases by 3% of the original value each year. a) What in the wording tells you this is linear growth?     b) Write a linear model for the value of the house     c) Use your model to calculate the value of the house in ten years

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 8E
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. Suppose you purchase a house  for $753,000 and the value of the house increases by 3% of the original value each year.

  1. a) What in the wording tells you this is linear growth?

 

 

  1. b) Write a linear model for the value of the house

 

 

c) Use your model to calculate the value of the house in ten years

 

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