Mathematics, 16.10.2020 15:01 johnathan1104
Belinda is thinking about buying a house for $249,000. The table below shows the projected value of two different houses for three years:
Number of years123
House 1 (value in dollars)253,980259,059.60264,240.79
House 2 (value in dollars)256,000263,000270,000
Part A: What type of function, linear or exponential, can be used to describe the value of each of the houses after a fixed number of years? Explain your answer. (2 points)
Part B: Write one function for each house to describe the value of the house f(x), in dollars, after x years. (4 points)
Part C: Belinda wants to purchase a house that would have the greatest value in 45 years. Will there be any significant difference in the value of either house after 45 years? Explain your answer, and show the value of each house after 45 years. (4 points)
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