Please help me i can’t get this one right. someone help me please if you know how to do this.
1 answer:
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Answer:
the value of the home after 12 years =$275,165.60
Step-by-step explanation:
To find value of appreciation after 12 years
We apply exponential growth formula
Where a represents the initial amount (purchased amount)
a= 182,100
r = rate of interest ( appreciation percentage) = 3.5% = 0.035
x represents the time period= 12 years
Plug in all the values
y= 275165.6025027724
y=$275165.60
Answer:
x=60.56, x=-82.56
Step-by-step explanation:
Solve using quadratic formula
Formula is
0.05x^2 + 1.1x = 250
Subtract 250 on both sides
0.05x^2 + 1.1x - 250=0
a= 0.05, b=1.1 , c=-250
Plug in the values in the formula
Now make two equations , one with + and one with -
then we solve for x
x=60.56
x=-82.56