The current value of a house is $174,000, and this value increases by…

Question

Prompt

The current value of a house is

174, 000, an d t hi s v a l u e in cr e a ses b y 2.4

g i v es t h e v a l u e, in d o l l a r s, o f t h e h o u se

x$ years from now?

f (x) = 174, 000 (0.024)^{x}

f (x) = 174, 000 (0.24)^{x}

f (x) = 174, 000 (1.024)^{x}

f (x) = 174, 000 (1.24)^{x}