A home’s value increases at an average rate of 5.5% each year. The current value is $120,000. What function can be used to find the value of the home after x years?

Step-by-step explanation:

we know that

The equation of a exponential growth function is given by

where

y is the value of the home

x is the number of years

a is the initial value

r is the rate of change

we have

substitute

part a

in a city ice cream is mostly only bought when the temperature is very high as ice cream cools down our

so we can derive the conclusion that as the temperature increases the number of ice creams sold also increases

part b

y intercept is 5

slope is 2

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