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Mathematics, 01.04.2021 23:30 breannaasmith1122

The function f(x) = 34,000(1.05)* can be used to determine Noah's cost of living in Houston over time.
What does the 1.05 represent?
A The cost of living will increase by approximately 1% each year
B The cost of living will decrease by approximately 1% each year
C The cost of living will increase by approximately 5% each year
D The cost of living will decrease by approximately 5% each year

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