b. Identify the annual percent increase or decrease in the value of the home. * The value of a home y (in thousands of dollars) can be approximated by the model y = 251(1.09)', where t is the number of years since 2010. %3D

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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Identify the annual percent increase or decrease in the value of the home, in which “The value of a home y (in thousands of dollars) can be approximated by the model y=251(1.09)^t, where t is the number of years since 2010” (image is shown)
b. Identify the annual percent increase or decrease in the value of the home. *
The value of a home y (in thousands of dollars) can be approximated by
the model y = 251(1.09)', where t is the number of years since 2010.
Transcribed Image Text:b. Identify the annual percent increase or decrease in the value of the home. * The value of a home y (in thousands of dollars) can be approximated by the model y = 251(1.09)', where t is the number of years since 2010.
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