SAT Nonlinear functions Question
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Question 1 · Easy · MathNovember 2024 Batch 1 · Q18Nonlinear functions · 0 solved
The current value of a house is $174,000, and this value increases by 2.4% each year from the value of the previous year. Which function f gives the value, in dollars, of the house x years from now?
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The trap here
SAT exponential growth and decay: the base is 1 + r, not r — A 3% annual increase is a base of 1.03, not 0.03. Getting the base wrong is the single most common error on SAT exponential-model questions.