Is each situation a linear or a nonlinear model?
A home’s value is given by the equation y = 154,000(1.04)x, where y is the value of the house and x is the number of years since the home was purchased.
A.
linear model
B.
nonlinear model

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it is definitely not a line
a line looks like \(y=mx+b\)

what you have there is an "exponential" model
the variable is in the exponent

@Directrix

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