A$400,000 house increases its value at 2.25% each year. in the exponential model of the form , which value would represent the value of a in the function?

Step-by-step explanation:

We have been given that a $400,000 house increases its value at 2.25% each year. We are asked to find the value of a for our function.

We know that exponential growth function is in form , where,

a = Initial value,

b = For growth b is in for (1+r), where r represents growth rate in decimal form.

Upon substituting our given values, we will get:

Therefore, the value of a is $400,000 for our given function.

∈3,600

step-by-step explanation: