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Use the following information to answer the next question The Jones bought a new house for $149 700. Because of economic growth in the area,

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Use the following information to answer the next question The Jones bought a new house for $149 700. Because of economic growth in the area, the value of their house increased at an average rate of 8% per annum for 5 years. Use an exponential function of the form y = Lib" to model this growth. The value of their house after the 5 years, to the nearest dollar, was Select one: 0 a. $161 676 O b. $209 580 O c. $219 953 0 d. $198 754 Use the following information to answer the question. Graph A Graph B Graph C Graph D The value of a house, v, grows exponentially over time, t. Which of the graphs above represents the pattern of the expected value of the house? Select one: O a. Graph A O b. Graph B O c. Graph C O d. Graph D

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