The value of a home y (in thousands of dollars) can be approximated by the model, y= 192 (0.96)^t where t is the number of years since 2010. 1. The model for the value of a home represents exponential _____. (Enter growth or decay in the blank.) 2. The annual percent increase or decrease in the value of the home is ______ %. (Enter the correct number in the blank.) 3. The value of the home will be approximately $161,000 in the year
The value of a home y (in thousands of dollars) can be approximated by the model, y= 192 (0.96)^t where t is the number of years since 2010. 1. The model for the value of a home represents exponential _____. (Enter growth or decay in the blank.) 2. The annual percent increase or decrease in the value of the home is ______ %. (Enter the correct number in the blank.) 3. The value of the home will be approximately $161,000 in the year
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 8T
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The value of a home y (in thousands of dollars) can be approximated by the model, y= 192 (0.96)^t where t is the number of years since 2010.
1. The model for the value of a home represents exponential _____. (Enter growth or decay in the blank.)
2. The annual percent increase or decrease in the value of the home is ______ %. (Enter the correct number in the blank.)
3. The value of the home will be approximately $161,000 in the year
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