Chester Homework: Module 4B6: Mathematical Modeling
Score: 0 of 2 pts
3 of 102 complete)
HW Score: 26.67%, 4 of 15 pts
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Even though housing prices have been declining in many parts of the country, in Lara's neighborhood, they have been increasing steadily since Lara bought her home in 2006. Lara purchased her home in 2006 for 130,000 and it increased its value by $4000 a you. Let Vrepresent the market value in dollars) of her home, x, the length of time she has lived there in years) Complete parts a through dhe purchased her home in 2006 for $130,000, and it steadily
Complete the following table.
Year
V, Market value
2006
$
2011
3
2014
$
b. Write a symbolic rule that expresses V in terms of
(Use integers or decimals for any numbers in the equation)
c. Determine the expected value of her home in 2016
$(Simplify your answer.)
d. In which year is the value of her home expected to reach $186,000?