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A house is purchased for $300,000 and its value appreciates by 3.25% every three years. Write an exponential model: P ( t ) - a.

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A house is purchased for $300,000 and its value appreciates by 3.25% every three years. Write an exponential model: P ( t ) - a. but. P(t) = 300000(1.0325)^(t/3) In how many years will the house be worth $900,000? [ Select ] D Question 2 12 pts Determine the equation of the exponential function in the form h ( x ) = a. b* that passes through the following points: 32 and 4, a= b

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