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The value of a house H after time t can be written as \(H\left(t\right)={1.06}^t\). Is the quantity of the house growing or decaying? Is the value of the house growing or decaying for \(H(t)\).
- Decaying, 6% for each time interval t
- Growing, 6% for each time interval t
- Growing, 106% for each time interval t
- Growing, 60% for each time interval t
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