Answer:
$138,345
Step-by-step explanation:
This is a compound decline problem, which will be solve by the compound formula:
Where
F is the future value (value of house at 2030, 14 years from 2016)
P is the present value ($245,000)
r is the rate of decline, in decimal (r = 4% = 4/100 = 0.04)
t is the time in years (2016 to 2030 is 14 years, so t = 14)
We substitute the known values and find F:
Rounding it up, it will be worth around $138,345 at 2030
Answer:
The graph i the attached figure
Step-by-step explanation:
we have
----> inequality A
The solution of the inequality A is the shaded area above the dotted line
The slope of the dotted line is positive
The x- intercept of the dotted line is the point (2.5,0)
The y- intercept of the dotted line is the point (0,-5)
-----> inequality B
The solution of the inequality B is the shaded area below the dotted line
The slope of the dotted line is negative
The x- intercept of the dotted line is the point (0,0)
The y- intercept of the dotted line is the point (0,0)
The solution of the system of inequalities is the shaded area between the two dotted lines
see the attached figure
