The present value of a house is $242,000. The value of the house increases at the rate of 4% every year. A function is shown below: f (x) = 242,000 (1.04) x What does f (x) represent?
The original value of the house
The future value of the house after x years
The increase in the value of the house each year
The increase in the value of the house after x years
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