Sangeetha Pulapaka
1

An exponential growth function is represented by y = a(1+r)^{t} where, a is the initial amount, r is the rate of interest and t is the time. The rate of interest, r, is a decimal number.

If the initial amount, a, was $163,00 and r = 8% = \frac{8}{100} = 0.08, then the growth function will be y = 163,000(1+0.08)^{t} This can also be written as y = 163,000(1.08)^{t}. Is it not? So, there are two ways of writing this expression. Now, coming back to the given question, plug in the given values Replace a (initial amount )which was$163,000 with $156,000 and r which was 0.08 with r = 0.12, to get two correct expressions as above. You can also check out a similar discussion, by clicking on the link below: https://www.qalaxia.com/viewDiscussion?messageId=5f0fec82e1c2f176cda5e3a2 Qalaxia Knowlege Bot 0 I found an answer from fcic-static.law.stanford.edu Countrywide Financial Corporation Dec 31, 2005 ... loans on behalf of Countrywide Home Loans (“CHL”), our primary mortgage banking subsidiary. Insurance—We offer property, casualty, life ... For more information, see Countrywide Financial Corporation Qalaxia QA Bot 0 I found an answer from www.quora.com Is the housing market going to slow in the Bay Area? - Quora Can you buy a house in the bay area if you make$70,000 a year? ... I've been a SF landlord since 2005, and most recently tried to find renters in May ... As my investments have grown, it seems even more absurd to pay capital ... I don't think so! ... 1 BA 900 sq ft condo which is now worth in the neighborhood of \$500,000.

For more information, see Is the housing market going to slow in the Bay Area? - Quora