PLEASE HELP!
A six‑year old house, now worth $175,000, appreciates at an annual rate of 5%. Sh...
Mathematics, 30.05.2020 05:04 talarleonard0
PLEASE HELP!
A six‑year old house, now worth $175,000, appreciates at an annual rate of 5%. Show your work.
a. If you want to calculate the value of the house at a given time, what is the multiplier you need to use in this situation?
b. What did the house cost when it was new?
c. Write a function of the form f(t)=abt that represents the value of the house t years after it was first built.
Answers: 2
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