‼️finbar bought his home for $150,000 in 2010. property values have increased 10% every year since she has owned the home. which of the following equations can be used to represent the price of the home x years after 2005?

y = 150.000(1.5)*
y = 150,000(1.1)*
y = 150.000(0.9)
y = 150,000(0.5)

Step-by-step explanation:

The exponential growth model is defined as

     . .... (1)

where, a is the initial value, r is growth rate and t is the number of years.

It is given that bought his home for $150,000 in 2010.

Initial value = 150,000

Growth rate = 10% = 0.1

x is number of years after 2005. Property values have increased 10% every year since she has owned the home (2010).

t = x - 5

Substitute a=150,000, r=0.1 and t=x-5 in equation (1).

Therefore, the required function is .

move it to the other side

step-by-step explanation:

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step-by-step explanation:

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