During the recent recession, Joe's home value dropped to only $195,000. Since then, the economy has turned around and the housing market is improving at a rate of 4% annually. At this rate, how much will Joe's home be worth 15 years after the market started improving?

Can the above scenario be modeled using exponential growth or exponential decay?

Respuesta :

Answer:

growth and do you need an equation?

Step-by-step explanation:

also tbh your profile pic is really cute