The following function represents the value of a house, in dollars, after x years:

f(x) = 242,000(1.04)x

what does 242,000 represent?

the present value of the house
the value of the house after x years
the increase in the value of the house each year
the increase in the value of the house after x years

The present value of the house

Step-by-step explanation:

Given: The following function represents the value of a house, in dollars, after x years:

When we substitute x=0 in the above equation, we get

Since at x=0, the function represent the initial value of a function.

Therefore, 242,000 represents the value of house in 0 years i.e. it represents the present value of the house.

y=3n + 1

step-by-step explanation:

this is wrong because it says the second number is one less and i added one instead

answer: yes, since the line has a steeper rate of change than the exponential the y-values will be greater and they will only intersect one time.