A house purchased for 125,000 is expected to appreciate according to the formula y = 7,000x + 125,000, Where Y is the value of t
he house after X years. FIND THE VALUE OF THE HOUSE 5 and 10 YEARS LATER.
2 answers:
Answer:
When x = 5, y = 7000 * 5 + 125000 = $160,000.
When x = 10, y = 7000 * 10 + 125000 = $195,000.
Answer:
f(5) = $160,000
f(10) = $195,000
Step-by-step explanation:
Simply plug in 5 and 10 as <em>x</em> into the equations:
y = 7000(5) + 125000
y = 35000 + 125000
y = 160000
y = 7000(10) + 125000
y = 70000 + 125000
y = 195000
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