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Mathematics, 16.01.2020 11:31 bellarides

the expression 210,000\left(1.02\right)^x210,000(1 .02)
x
models the estimated home value after x years. which statement is the correct representation of the 1.02 in the expression?

the house has a starting value of 1.02.

the house is decreasing in value by 2% each year.

the house is increasing in value by 2% each year.

the value of the house is changing by 0.02% each year.

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the expression 210,000\left(1.02\right)^x210,000(1 .02)
x
models the estimated home val...
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