Kim purchased a property for $205,000. assuming that its value will appreciate 4% per year, how much will the condo be worth in 6 years? how long will it take the value to double?

in 17.66 years  amount will be double

Step-by-step explanation:

given data

amount = $205000

rater = 4 %

time = 6 year

to find out

How long will it take the value to double

solution

let us consider after t time amount will be double

so we apply here formula

amount = principal ( 1 + r )^t

if amount is double

2 principal = principal (1 + 0.04)^t

2 = (1.04)^t

take log both side

log 2 = t log(1.04)

t = log2 / log1.04

t = 17.672988

so in 17.66 years  amount will be double

options a,b,c are the right answer.

step-by-step explanation:

a linear parent function is always represented as y = x

if we write this function in the form of y=mx+c

⇒

or  

now if we plot a graph we will find these characteristics:

1) y intercept of the graph is zero so its a straight line passing through origin.

2) as we can see in both the forms of function written, values of x and y may be either positive or negative for the positive slope means points on the graph are either in first quadrant or in third one.

3) it's slope is one.

complete the steps to find the area of the trapezoid.

area of rectangle = 256   square units

area of triangle 1 = 24  square units

area of triangle 2 = 16  square units

area of triangle 3 =   96 square units

area of trapezoid = 120  square units

step-by-step explanation: