Hello,

Can you please help with the following scenario/

The average price of a home in a town was $177,000 in 2007 but home prices are rising by 6%

per year.

a.Find an exponential function of the form Q = Q₀x (1 + r)^t (where r>0) for growth to the model the situation described.

Q = $ _______ X (1 + ______)^t

( an integer or a decimal.)

b.Fill the table showing the value of the average price of a home for the following five years.

Y = tAverage Price

0=$177,000

1=$

2=$

3=$

4=$

5=$

Thank you