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Suppose that the dollar value v(t) of a certain house that is t years old is given by the following exponential function. v (t)=532,000 (0.81) Find the initial value of the house. $0 Does the function represent growth or decay? O growth O decay By what percent does the value of the house change each year? %

Suppose that the dollar value v(t) of a certain house that is t years old is given by the following exponential function. v (t)=532,000 (0.81) Find the initial value of the house. $0 Does the function represent growth or decay? O growth O decay By what percent does the value of the house change each year? %

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Suppose that the dollar value v (t) of a certain house that is t years old is given by the following exponential function. v (t) = 532,000 (0.81) Find the initial value of the house. $0 Does the function represent growth or decay? O growth O decay By what percent does the value of the house change each year? 0% X
Transcribed Image Text:Suppose that the dollar value v (t) of a certain house that is t years old is given by the following exponential function. v (t) = 532,000 (0.81) Find the initial value of the house. $0 Does the function represent growth or decay? O growth O decay By what percent does the value of the house change each year? 0% X
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