Judy purchased a home in 1956. The
function represents y, the value of the home
x years since 1956.
f(x) = 11,500(1.09)^x
A. Judy purchased the home for
$109,000.
B. The value of the home increases by 9%
each year.
C. In 1986, Judy's home had a value over
$150,000.