The common ratio for the home prices in an Austin neighborhood is 1.08 every year for the past five years. Describe the pattern.  Choose all that apply.      Increasing     Decreasing     Linear     Exponential

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 1SE: Explain why the values of an increasing exponentialfunction will eventually overtake the valuesof...
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  1. The common ratio for the home prices in an Austin neighborhood is 1.08 every year for the past five years.

    Describe the pattern.  Choose all that apply. 

       

    Increasing

       

    Decreasing

       

    Linear

       

    Exponential

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