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Mathematics 14 Online
OpenStudy (anonymous):

One model for home appreciation is as follows, where C is the original cost, V is the value of the home after t years, and b is the rate of appreciation. V = Ce^bt If the original cost of the home was $165,000 and the rate of appreciation is 8%, what will be the value of the home after 5 years? [Round to the nearest dollar.] A. $660,000 B. $171,734 C. $246,151 D. $178,742

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