You buy a house for $350,000, and its value changes at a continuous rate of -9% a year. What is it worth after 5 years? Round your answer to the nearest integer. The house will be worth $i ! after 5 years. 10
You buy a house for $350,000, and its value changes at a continuous rate of -9% a year. What is it worth after 5 years? Round your answer to the nearest integer. The house will be worth $i ! after 5 years. 10
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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![rrent Attempt in Progress
Your answer is incorrect.
You buy a house for $350,000, and its value changes at a continuous rate of -9% a year. What is it worth after 5 years?
Round your answer to the nearest integer.
The house will be worth $i
E
D
eTextbook and Media
Hint
Save for Later Last saved 1 second ago.
Saved work will be auto-submitted on the due date. Auto-
submission can take up to 10 minutes.
$
Recall the form of an exponential function expressing a continuous growth rate using the constant e. Use this expression and
evaluate for the specified initial value and continuous growth rate.
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Transcribed Image Text:rrent Attempt in Progress
Your answer is incorrect.
You buy a house for $350,000, and its value changes at a continuous rate of -9% a year. What is it worth after 5 years?
Round your answer to the nearest integer.
The house will be worth $i
E
D
eTextbook and Media
Hint
Save for Later Last saved 1 second ago.
Saved work will be auto-submitted on the due date. Auto-
submission can take up to 10 minutes.
$
Recall the form of an exponential function expressing a continuous growth rate using the constant e. Use this expression and
evaluate for the specified initial value and continuous growth rate.
f4
4
R
f5
%
5
T
G
f6
10
6
Search
Y
17
&
I
7
H after 5 years.
f8
U
4+
1.
*
8
PRE
hp
fg
KAA
9
K
f10
►II
?
O
L
Attempts: 2 of 3 used Submit Answer
f11
DDI
P
myhp
f12
✈
Assistance Use
+
[
11
ins
prt sc
}
←
]
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