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(Get Answer) – Which Exponential Growth Model Would Model The Following Situation

Question Description

Which exponential growth model would model the following situation:

You buy a commemorative coin for $105. Each year t, the value V of the coin increases by 3%

Answer A. V = 105(0.03)t

Answer B. V = 0.03(105)t

Answer C. V = 105(1.03)t

Answer D. V = 105(3)t

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