Determine Whether the Growth (Or Decay)is Linear or Exponential, and Answer

question 96

Multiple Choice

Determine whether the growth (or decay) is linear or exponential, and answer the associated question.
-The value of your house is rising by $24,731 per year. If it is worth $199,401 today, what will it be worth in three years?

• A)Exponential; $283,176.32
• B)Linear; $273,594.00
• C)Linear; $622,934.00
• D)Exponential; $672,396.00

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Definitions:

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered or used but not yet paid for.