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Mathematics, 08.01.2020 11:31 ramireztony741
The median value of a home in a particular market is decreasing exponentially. if the value of a home was initially $240,000, then its value two years later is $235,000. answer the following.
1) determine when the value of the home will be 90% of its original value.
would the equation be set up like so: v=240e^.09t?
2)determine the rate at which the value of the home is decreasing one year after it is valued at $235,000. include units in your answer, and round the final value to the nearest dollar.
what i know so far: v=240e^(-0.01052)t
would you make t=1 and v=235?
3)the relative rate of change in a quantity is defined as the rate of change for that quantity divided by the quantity present. find the relative rate of change in the home’s value at any time t.
i know that it will be dv/dt=vk
i know k=-0.01052, would the final answer be -0.-1052=(dv/dt)/v
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The median value of a home in a particular market is decreasing exponentially. if the value of a hom...
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