3. The value of a piece of property is growing at a rate of 3.5% annually. If the property was worth $77,000 when it was purchased, which equation could be used to determine the value of the property, y, x years after it was purchased? a) =77,000(0.035) c) =77,000(3.5) b) =77,000+3.5 d) =77,000(1+0.035)