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gizmo_the_mogwai [7]
3 years ago
6

The equation p = 1.95t² + 12.25t + 125 approximates the average sale price p of a house (in thousands of dollars) for years t si

nce 2010.
What is the best estimate for the price of the house in year 2021?
Mathematics
2 answers:
Alborosie3 years ago
6 0

Resolving   p = 1.95t² + 12.25t + 125

<span>year=2010   </span>for t=0

<span>year=2021   </span>for t<span>=(2021-2010)=11  </span>

We have that

p = 1.95*(11) ^² + 12.25*(11) + 125

p =495.70 thousands of dollars

p =495700<span>  dollars </span>

<span>is the best estimate for the price of the house in year 2021</span>
Sati [7]3 years ago
4 0

Answer: $495,700

Step-by-step explanation:

Given: The equation p=1.95t^2+12.25t+125 approximates the average sale price p of a house (in thousands of dollars) for years t since 2010.

In 2021,  t=2021-2010=11

To find the best estimate for the price of the house in year 2021, we need to substitute t=11 in the given equation we get,

p=1.95(11)^2+12.25(11)+125\\\Rightarrow\ p=495.7

Hence, the best estimate for the price of the house in year 2021 is $495,700.

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