OpenStax, Algebra and Trigonometry 2e §6.1 Exponential Functions · Exercise 72 · Algebra · Exponentials & logarithms
Exponential Functions · Exercise 72
In the year 1985, a house was valued at $110,000. By the year 2005, the value had appreciated to $145,000. What was the annual growth rate between 1985 and 2005? Assume that the value continued to grow by the same percentage. What was the value of the house in the year 2010?
OpenStax, Algebra and Trigonometry 2e · §6.1 Exponential Functions · Exercise 72
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