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PolarNik [594]
4 years ago
14

Beth paid 175,000 for a townhouse in downtown portland the values of the homes in that neighborhood have been increasing by 8% e

ach year
b) assuming that this rate of increasing continues what will the value of the townhouse be in 5 years and 6 months?
c) assuming that this rate of increase continues, when will the town house be worth 500,000
Mathematics
1 answer:
MArishka [77]4 years ago
8 0
A=175,000×e^(0.08×5.5)
A=271,723.76

T=(log(500,000÷175,000)÷log(e))÷0.08
T=13.12 years
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First, let's plug a number into our equation for x.

(2)^2 - (2 - 1)^2 = ?

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As we can see the difference is odd but it's also the sum of the two consecutive integers.

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This works for all numbers. Let's plug another number into our equation for x.

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MrMuchimi

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Step-by-step explanation:

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Find slope of both

#1

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