2 years ago

WILL MAKE BRAINLIEST!! Solve for x.

Mathematics

1 answer:

MaRussiya [10]2 years ago

3 0

$3x + 2 = 47 \\ 3x = 47 - 2 \\ 3x = 45 \\ x = \frac{45}{3} = 15$

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A home’s value increases at an average rate of 5.5% each year. The current value is $120,000. What function can be used to find

Pachacha [2.7K]

Answer:

$f(x)=120,000 \times (1.055)^{x}$ .

Step-by-step explanation:

We are given that,

The present value for the home is $120,000 and the rate of interest is 5.5% i.e. 0.055.

As we know that the function for the home is given by,

$f(x)=P \times (1+r)^{x}$

where P = present value, r = rate of interest, x = number of years.

So, according to the question, we get that,

$f(x)=120,000 \times (1+0.055)^{x}$

i.e. $f(x)=120,000 \times (1.055)^{x}$ .

Hence, we see that the function that represents the value of the home is $f(x)=120,000 \times (1.055)^{x}$ .

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