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

f(x) = 242,000(0.96)x

What does 0.96 represent?

The present value of the house
The value of the house after x years
The increase in the value of the house per year, which is 4%
The decrease in the value of the house per year, which is 4%

Question

The following function represents the value of a house after x years:

f(x) = 242,000(0.96)x

What does 0.96 represent?

 The present value of the house
 The value of the house after x years
 The increase in the value of the house per year, which is 4%
 The decrease in the value of the house per year, which is 4%

help_people · Answer

@Nnesha

anonymous · Answer

.96$$\frac{ 96 }{ 100 }=\left( 1-\frac{ 4 }{ 100 } \right)$$
now what can you say?

help_people · Answer

i do not know? it decreases or equals @surjithayer

anonymous · Answer

it decreases by 4%

help_people · Answer

thank you XOXO may you help me w. a couple more?

help_people · Answer

@surjithayer or more likely make sure that my work is correct?

anonymous · Answer

i will try my best.

help_people · Answer

kk hold on