You buy a house for $350,000, and its value changes at a continuous rate of -9% a year. What is it worth after 5 years? Round your answer to the nearest integer. The house will be worth $i ! after 5 years. 10

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ISBN:9781305652231
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Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
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rrent Attempt in Progress
Your answer is incorrect.
You buy a house for $350,000, and its value changes at a continuous rate of -9% a year. What is it worth after 5 years?
Round your answer to the nearest integer.
The house will be worth $i
E
D
eTextbook and Media
Hint
Save for Later Last saved 1 second ago.
Saved work will be auto-submitted on the due date. Auto-
submission can take up to 10 minutes.
$
Recall the form of an exponential function expressing a continuous growth rate using the constant e. Use this expression and
evaluate for the specified initial value and continuous growth rate.
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4
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Attempts: 2 of 3 used Submit Answer
f11
DDI
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myhp
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✈
Assistance Use
+
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11
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Transcribed Image Text:rrent Attempt in Progress Your answer is incorrect. You buy a house for $350,000, and its value changes at a continuous rate of -9% a year. What is it worth after 5 years? Round your answer to the nearest integer. The house will be worth $i E D eTextbook and Media Hint Save for Later Last saved 1 second ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. $ Recall the form of an exponential function expressing a continuous growth rate using the constant e. Use this expression and evaluate for the specified initial value and continuous growth rate. f4 4 R f5 % 5 T G f6 10 6 Search Y 17 & I 7 H after 5 years. f8 U 4+ 1. * 8 PRE hp fg KAA 9 K f10 ►II ? O L Attempts: 2 of 3 used Submit Answer f11 DDI P myhp f12 ✈ Assistance Use + [ 11 ins prt sc } ← ]
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