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Algebra
Pregunta

2. Clara bought a property valued at \( \$ 6,000 \...

2. Clara bought a property valued at \( \$ 6,000 \) in \( 2005 \) . Since then, the property has increased in value by \( 3 \% \) each year. Which equation models the value, \( P \) , of the property \( t \) years after \( 2005 \)? A. \( P = 1.03 ( 6,000 ) ^ { t } \) 

B. \( P = 0.97 ( 6,000 ) ^ { t } \) 

C. \( P = 6,000 ( 0.97 ) ^ { t } \) 

D. \( P = 6,000 ( 1.03 ) ^ { t }\) 

Answer

D

Solución
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