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

Question 29

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 19% per year. If it is worth $319,738 today, what will it be worth in three years?


A) Exponential; $384,416.96
B) Linear; $441,238.44
C) Exponential; $538,809.37
D) Linear; $501,988.66

Correct Answer:

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