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Sliva [168]
3 years ago
12

The house was bought for $125,000 in 1990, the overage rate is 7.85%, what year will the purchase of the house be worth 3 times

the purchase price?
Mathematics
1 answer:
olga55 [171]3 years ago
8 0

Answer: 2005

Step-by-step explanation:

Exponential function to determine the value of item after t years,

f(x)=A(1+r)^t , where r= rate of growth, A=Initial value.

As per given , A = 7.85% = 0.0785

A = $125,000

Substitute all values in function, we get

f(x)=125000(1+0.785)^t

When f(x)= 3A , then

3A=A(1.0785)^t\\\\\Rightarrow\ 3=(1.0785)^t

Taking tog on both sides , we get

\ln 3=t\ln 1.0785\\\\\Rightarrow\ t=\dfrac{\ln 3}{\ln 1.0785}\\\\\Rightarrow t=\dfrac{1.09861228867}{0.0755711868471}\approx15

The year will be 1990+15= 2005

Hence, the required year = 2005

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The question is asking us to find the dimensions of the rectangle, which would be the length and width. So, to find this, we must first state our givens, as it is Geometry.
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Let's first translate all our givens to numbers. We'll start off by assigning variables that are easy to work with (x, y and z). 
x = width
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Now that we have done that, we need to translate all our givens into numbers. Here is how that would look like:
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z = y + 2           ←Diagonal = 2 inches more than width
If we draw a diagram, we can see that the diagonal, length, and width all create a right triangle, which means that we can use the Pythagorean Theorem. By using right triangle postulates and theorems, we can deduce that the diagonal is the hypotenuse. Here is what our setup looks like:
x² + y² = z²
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When we solve for x, we get x = 20. Now, we just plug the x value back into the y equation to get 99. Therefore, the length equals 99 inches and the width equals 20 inches. Hope this helps and have a great day!
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To determine the line passing through the point A and parallel to line B, let us first determine the slope and y-intercept.

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