The value of a house is $165,000 and it loses 4% of its value every year.
A. Use the exponential decay formula below to write a function for the home's value, y, after t years.
y=A (1±r) ^t
B. Now use your formula to find the value of the home after 20 years. Round to the nearest dollar.
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Home » Mathematics » The value of a house is $165,000 and it loses 4% of its value every year. A. Use the exponential decay formula below to write a function for the home's value, y, after t years. y=A (1±r) ^t B.