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3 years ago

15

in 1990, the value of a home is $170,000. Since then, its value has increased 5% per year. what is the approximate value of a ho

me in 1993?

1 answer:

Gwar [14]3 years ago

3 0

value of home in 1991= 105% of 170000

value of home in 1992= 105%×105% of 170000

value of home in 1993= 105%×105%×105% of 170000

=$196,796.25

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2 years ago

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2 years ago

Read 2 more answers

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lara [203]

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Step-by-step explanation:

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Move terms to the left side

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Use the quadratic formula

x=(-b±√ $b^{2}$ -4ac ) / 2a

Once in standard form, identify a, b, and c from the original equation and plug them into the quadratic formula.

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let, a=49

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Replace with values in this equation

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Simplify

Evaluate the exponent

Multiply the numbers

Subtract the numbers

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Separate the equations

To solve for the unknown variable, separate into two equations: one with a plus and the other with a minus.Separate

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x=(-21-7) /98

Solve

Rearrange and isolate the variable to find each solution

x=-1/7

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