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Your parents bought a house for $ 2 6 0 , 0
Undergraduate
Your parents bought a house for $ 2 6 0 , 0 0 0 . On average, the value of the home has increased 6
Your parents bought a house for $
2
6
0
,
0
0
0
.
On average, the value of the home has increased
6
%
each year.
Write an equation, where v is the value of the house and y is the number of years, that models this situation
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1
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