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An investor paid $156,000 for a condominium in Texas in 2008. The value of the homes in the neighborhood have been appreciating by about 12% annually.

Select all the expressions that could be used to calculate the value of the house, in dollars, after t years.

An investor paid 156000 for a condominium in Texas in 2008 The value of the homes in the neighborhood have been appreciating by about 12 annually Select all the class=

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Answer:

156000 [tex](1.12)^{t}[/tex]

156000 [tex](1+.12)^{t}[/tex]

those are both the same

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