Answer:
So the price of house 0f house after n number of year = 380,200 - 11800n
Step-by-step explanation:
Bob has a bought a new house for $380,200. He estimates the value of the house after each year and he also assumes that the value of the house decreases by the same amount each year.
So to find the equation to define the value of the house after each year, we have to find out how much depreciation happens for the value of the house in each year.
Final value = $321,200
Depreciation each year =
= $11,800
So the price of house 0f house after n number of year = 380,200 - 11800n