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Write the exponential growth function

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Question - The value of houses in a city is decreasing at a continuous growth rate of 6% per year. For a house that currently costs $400,000.

a) Write the exponential growth function?

b) What would be the value of this house 4 years from now?

c) How many years till the value of the house is $300,000?

Reference no: EM133136249

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