21hendlill
21hendlill
20.05.2021 • 
Mathematics

Matilda purchased a plot of land in a nearby rural area. The following function models the value of the land for the first 5 years, where t is the number of years since Matilda purchased the land. The value of the land
increases by 7% every year. Find the value ofr, and state what it represents.
f(0) = a(1 + r)

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