1. Your family bought a house 10 year ago. since that time, the value of the real estate in your neighborhood has decline 3% per year. If you initially paid $179,000 for their house, write an equation to model the value of your house after t year. How much would house be worth today?
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We need to find the value of the house after each year, considering a 3% decline in value per year. Show more…
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