A home in small town in Texas is currently worth $344,000. It is expected to grow by 5% per year over the next several years.

Mathematics

1 answer:

Kitty [74]4 years ago

6 0

Answer:

Part A: The value of the house (y) after x years:

y = 344000 x (1 + 5/100)^x

Part B: Approximate value of the house after 10 years:

(Using the formula in part A)

V = 344000 x (1 + 5/100)^10 = 560339.8 $

Hope this helps!

You might be interested in

Please help! I'll give anyone that solves it first a brainlest.

sineoko [7]

Answer: 1.5 !!!

Step-by-step explanation:

7 0

3 years ago

What is the median of Variable A? Express answer to one decimal place.

qwelly [4]

The median of variable A is the middle value when the all the values for variable A is arranged from smallest to greatest.
The values for variable A are
1, 2, 4, 4, 5, 6, 7, 9
The middle value is between 4 and 5. The median is between 4 and 5.
(4 + 5) /2 = 4.5

The median is 4.5

3 0

3 years ago

Linda throws a dart that hits the square shown below: A square is drawn. A circle of radius 9 units touches the sides of the squ

nataly862011 [7]

Probability helps us to know the chances of an event occurring. The probability of Linda's dart hitting the circle is 0.7857.

<h3>What is Probability?</h3>

The probability helps us to know the chances of an event occurring.

$\rm{Probability=\dfrac{Desired\ Outcomes}{Total\ Number\ of\ outcomes\ possible}$

As it is given that the circle touches the sides of the square. therefore, the length of the side of the square is the diameter of the circle.

Now, in order to calculate the probability that the dart hits a point in the circle we need to calculate the area of the circle and the area of the square.

Area of the circle with a given radius of 9 units,

$\text{Area of the circle} = \pi r^2$

$\rm = \pi \times (9^2)\\\\= 81\pi\ units^2$

Area of the square with sides equal to the diameter of the circle,

$\rm \text{Area of square} = side^2$

$\rm = Diameter ^2\\\\= (2 \times radius)^2\\\\= (2 \times 9)^2\\\\= 18^2\\\\= 324\ units^2$

Now, the probability that the dart hits a point in the circle can be written as,

$\rm Probability=\dfrac{Desired\ Outcomes}{Total\ Number\ of\ outcomes\ possible}\\\\\\Probability=\dfrac{\text{Area of the circle}}{\text{Area of square}}\\\\\\Probability=\dfrac{81 \pi}{324} = 0.7857$