In 2005 a house was purchased for $280,000 and - id200528000020133340005144522 от vkyles84 11.03.2022 01:04

Question

Mathematics: In 2005 a house was purchased for $280,000 and in 2013 it was sold at $334,000. Assuming that the value of the house increased at a constant annual rate what will be the price of the house in the year 2018?

vkyles84 · Accepted Answer

-4Explanation:Pick any two rows from the table to plug into the slope formula. I ll pick the rows where every value is positive (rows 3 and 4)Using the slope formula, we get the following:m = (y2-y1)/(x2-x1)m = (1-5)/(2-1)m = -4/1m = -4 is the slope and it s the rate of changeFor any linear function, the slope and rate of change are the same thing....

In 2005 a house was purchased for $280,000 and in 2013 it was sold at $334,000.

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