A house is purchased for $145,000 and each year increases in value by 6% of its value the previous year. (6 marks) Let be the value of the house in year . Write a difference equation which gives the value of the house after years. Solve the difference equation. Find the projected value of the house in 15 years.

Answers

Answer 1

The projected value of the house after 15 years is $347500.

A house is purchased for $145,000.

The value of the house increases each year by 6% of its value the previous year.

Let y(n) denote the value of the house after n years.

Initial value is $145,000.

⇒ y(0) = 145,000

The value of the house increases each year by 6% of its value the previous year.

Therefore the growth is exponential, and we have

y(n) = y(0)(1+0.06)ⁿ

When n = 1

⇒y(1) = 145000 × (1.06)

⇒y(1) = 153700

When n = 2,

⇒y(2) = 145000 × (1.06)²

⇒y(2) = 162922

Therefore, when n = 15,

⇒y(15) = 145000 × (1.06)¹⁵

⇒y(15) = 3,47,500

Therefore, the projected value of the house after 15 years is $347500.

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Related Questions

Three men went into a second-hand shop to buy a
television.
It was priced in the window at £30.
Each of them handed over £10 to the shop assistant.
As the assistant opened the till, the manager had a quiet
word with him, "that TV is in the sale and is only £25
now, you will have to give them £5 back."
The assistant was very lazy and couldn't be bothered to
count out the right change for each man.
Instead, he took 5 £1 coins out of the till.
He put two of them in his own pocket and gave each
man £1 back.
Here's the problem:
The men have now paid £9 each for the TV.
The assistant has kept £2 for himself.
3 x £9 = £27.
£27 + £2 = £29.
But £30 was handed over in the first place.
WHERE IS THE MISSING £1?

Answers

Step-by-step explanation:

The trick here is to realize that this is not a sum of the money that the three people paid originally, as that would need to include the money the clerk has ($25). This is instead a sum of a smaller amount the people could have paid ($9 × 3 people = $27), added with the additional money that the clerk would not have needed had they paid that smaller amount ($27 paid - $25 actual cost = $2). Another way to say this is, the $27 already includes the bellhop's tip. To add the $2 to the $27 would be to double-count it. So, the three guests' cost of the room, including the bellhop's tip, is $27. Each of the 3 guests has $1 in his pocket, totaling $3. When added to the $27 revised cost of the room (including tip to the bellhop), the total is $30.

To obtain a sum that totals to the original $30, every dollar must be accounted for, regardless of its location.

Thus, the sensible sum can be expressed in this manner:

how much of an alloy that is 40% copper should be mixed with 400 ounces of an alloy that is 70% copper in order to get an alloy that is 60% copper

Answers

The mixture requires 200 ounces of 40% alloy.

What is defined as the mixture?

A mixture is a physical combination of two or more substances that retain their identities and are blended as solutions, suspensions, or colloids.

An alloy is a metallic substance made up of two or more elements that can exist as a compound or a solution. Alloy components are typically items, though carbon, a nonmetal, is a necessary component of steel.

x = amount of 40% copper

400 = amount of 70% copper

x + 400 = total amount of copper = amount of 60% copper

Set a correctly weighted mixture of x and 300 equal to the a weighted (x+300), in which the weights are decimal percentages;

40% is 0.4, 70% is 0.7, and60% is 0.6

0.4x + 0.7(400) = 0.6(x + 400)

Solve for x:

0.4x + 280 = 0.6x + 240

0.2x = 40

x = 200

x = 200 ounces of 40% copper.

Therefore, the amount of 40% alloy needed for the mixture is 200 ounces.

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"a number is no more than 26"

Answers

Answer:

1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25

help i need answer to this math question???

Answers

The solution of the geometrical system is (x, y) = (2.5, 48.5).

What are the missing values associated with a geometrical system?

In this question we have a picture representing two lines and a semirray that brings out two formulae for supplementary angles, these are shown below:

(x + 10) + 30 + (3 · y + 2) = 180

x + 3 · y = 148         (1)

30 + (3 · y + 2) + (5 · x - 10) = 180

5 · x + 3 · y = 158    (2)

And now we resolve the entire system of linear equations by substitution:

By (1):

x = 148 - 3 · y

(1) in (2):

5 · (148 - 3 · y) + 3 · y = 158

740 - 15 · y + 3 · y = 158

12 · y = 582

y = 48.5

By (1):

x = 148 - 3 · 48.5

x = 2.5

The solution of the geometrical system is (x, y) = (2.5, 48.5).

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Please answer fast..............................................

Answers

Answer:

[tex]V=lwh\\\frac{V}{lw} = \frac{lwh}{lw} \\\frac{V}{lw} = h[/tex]


Prove 2(2x+4)= 16 2(2x) by using the laws of exponents.
boris9

Answers

The prove that the equation can be verified using the laws of exponents.

What is the proof of the equation given; 2^(2x+4)= 16 × 2^(2x)?

It follows from the task content that the equation given is; 2^(2x+4)= 16 • 2^(2x).

It follows from the laws of indices ; particularly, the product of same base numbers.

The evaluation is therefore as follows;

2^(2x+4)= 16 • 2^(2x)

2^(2x) • 2⁴ = 16 • 2^(2x)

2^(2x) • 16 = 16 • 2^(2x)

Hence, since LHS = RHS, it follows that the expression is mathematically correct.

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100 points Given f(x)=5(3−x), what is the value of f(−2)?

Answers

Given - F(x) = 5 × 3-x

F(-2) refers to x = -2

Therefore 5×3-(-2) = 5× (3+2) = 5×5 = 25

Hence 25 is the value of f(-2)

Kayla has a red number cube and a blue number cube. Each number cube has faces labeled 1 through 6.
What is the probability Kayla rolls an even number on the red cube and a multiple of 3 on the blue cube?

Answers

So probability that kayla rolls an even number on the red cube and a multiple of 3 on the blue cube is 16.66 ≈ 16%

Given that we have red number cube and blue number cube so as we all know that Probability is the ratio of the favourable number of outcomes to the total number of outcomes is known as Probability.

First, find the possible outcomes.

Kalya has a red number cube and a blue number cube. Each number cube has faces labeled 1 through 6

So, possible outcomes =6×6 =36

Let, S be the sample space.

Then, ⁿ(s) =36

Let, E = the event of getting an even number on the red cube and a multiple of  on the blue cube.

E = (2,3),(2,6),(4,3),(6,3),(6,6)

Then,  ⁿ(E)=6

Let, P  is the probability of the event .

So, P(E)= [tex]\frac{n(E)}{n(S)}[/tex] = [tex]\frac{6}{36}[/tex] = [tex]\frac{1}{6}[/tex] = 16.67 percent or 16[tex]\frac{2}{3}[/tex]  %

Thus, the probability Kayla rolls an even number on the red cube and a multiple of  on the blue cube is 16.66 percent.

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Answer:

16%

Step-by-step explanation:

Translate the sentence into an equation.
Nine more than the product of a number and 6 is equal to 4.
Use the variable x for the unknown number.

Answers

Answer:

6x + 9 = 4

Step-by-step explanation:

what is the place value?

Answers

D

Tens because tenths are the first number to the right of the decimal point and ones are the first number to the left of the decimal point.

Find the next three terms in each sequence ​

Answers

33, 42, 51

•••• those answer are in question one

409, 509, 609

•••• those answers are in question two

5/12, 5/16, 5/20

•••• those questions are in question five

A bicycle-sharing station on Main Street has 5 times as many bicycles as a station on Park Avenue. There are 24 bicycles at the two stations. How many bicycles are at the Main Street station?​

Answers

There are 20 bicycles at the Main Street station.

According to question statement, A bicycle-sharing station on Main Street has 5 times as many bicycles as a station on Park Avenue. There are 24 bicycles at the given two stations.

We are supposed to know the number of bicycles at the Main Street station.

Let us assume that the number of bicycles at the Park Avenue station is "x". Then, number of bicycles at the Main Street station will be "5x".

We will have to form a Linear Equation of single variable "x" as per the conditions based in the question statement, and solving for x, we will obtain our desired answer.

As there are 24 bicycles at the two stations therefore,

[tex]x + 5x = 24[/tex], will be our equation.

Solving the equation for x, we get

[tex]x + 5x = 24\\6x = 24\\x=\frac{24}{6} \\or x=4[/tex]

Therefore the number of bicycles at the Park Avenue station is 4.

And the number of bicycles at the Main Street station will be 5x i.e., [tex]5*4 = 20[/tex].

Linear Equation:  The equation whose graph is always a straight line.

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which is greater -2.75 or -2.25

Answers

Answer: -2.25

Step-by-step explanation:-2.25 because it is closer to 0

The answer is -2.25 because the closer the number is to 0 the larger the number is

the sum of eleven and ten times a number is 1. What is the number?

Answers

Answer:

the number is -1

Step-by-step explanation:

11 + 10x = 1  Subtract 11 from both sides

10x = -10  Divide both sides by 10

x = -1

Check:

11 + (10 x -1) = 1

11 + (-10) = 1

Person above me is right

-1

x[tex]x/y+y/x/x/y-y/x[/tex]

Answers

Answer:  1

Step-by-step explanation:

here only taking the power of x in account

we have

[tex]\frac{x}{y} + \frac{y}{x}-\frac{x}{y} - \frac{y}{x}[/tex]

=0

since  [tex]x^{0}[/tex] =1

so solution is 1

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URGENTTTT PLEASE ANSWERS Distance between two points whats the distance between the following points?
A. 12
B. 13
C. squareroot of 36
D. squareroot of 97

Answers

Answer: B

Step-by-step explanation:

−4x+2y+z=1;x−y+3x=−5;3x+y−4z=10 Solve each system, HELP!

Answers

Answer: x = [tex]\frac{-31}{23}[/tex], y = [tex]\frac{-9}{23}[/tex], z = [tex]\frac{-83}{23}[/tex]

Step-by-step explanation :Solving system of equations

Given the following system of equation below

 - 4x + 2y + z =1 .......(1)

x − y + 3x =  −5 ........(2)

3x + y − 4z = 10.........(3)

first we solve eq 1 and eq 3:

we get, -13x + 9y = 14 ..........(4)

Now we solve eq 2 and eq 4 and get value of x and y:

we get,  x = [tex]\frac{-31}{23}[/tex] and y = [tex]\frac{-9}{23}[/tex]

finally we put value of x and y in eq 1 and get the value of z:

-4(-31/23) + 2(-9/23) + z = 1

106/23 + z = 1

z = 1 - 106/23

z =[tex]\frac{-83}{23}[/tex]

Hence the solution of equation is ([tex]\frac{-31}{23}[/tex], [tex]\frac{-9}{23}[/tex], [tex]\frac{-83}{23}[/tex])

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If f(1)=1 and f(n)=4f(n-1) what is the value of f(4)?

Answers

Answer:

  64

Step-by-step explanation:

You have the recursive formula f(1)=1; f(n)=4f(n-1) and you want f(4).

Recursion

The value of f(4) can be found a couple of ways. Perhaps the simplest is to compute the first 4 terms of the sequence using the recursive formula.

  f(1) = 1

  f(2) = 4·1 = 4

  f(3) = 4·4 = 16

  f(4) = 4·16 = 64

The value of f(4) is 64.

Explicit formula

The multiplying factor of 4 on the previous term tells you this is a geometric sequence with a common ratio of 4. The explicit formula is then ...

  f(n) = f(1)·r^(n-1) . . . . . n-th term of sequence with common ratio r

  f(n) = 1·4^(n-1) . . . . . . formula for f(1)=1 and r=4

For n=4, this is ...

  f(4) = 1·4^(4-1) = 4^3

  f(4) = 64

mr drew wants to build a square sandbox with an area of 100 square feet. What is the length of wood Mr.Drew needs to.make the sides of the sandbox

Answers

Answer is 10’ boards to make a square
10’ x 10’ x 10’ x 10’ sandbox.

Reason

Area of a square is Side^2.

We know the area of the square is 100

So take √100 = 10

Problem solved!

A large water container has a leak. It loses 40 drops of water every minute. If 50 drops of water is equivalent to half of a teaspoon. At what rate
Is the water leaking?
O 48 teaspoons per hour
24 teaspoons per hour
O 80 teaspoons per hour
O 12 teaspoons per hour
O 20 teaspoons per hour

Answers

ans:48 teaspoons per hour

explanation:
container loses 40 drops of water per min so per hour,it loses (40x60=2400)per hour

2400/50=48 so it loses 48 teaspoons per hour

The distance from the tip of a slice of pizza to the crust is 7 inches.
Does this represent diameter, circumference, or radius?
ANSWER ASAP THANK YOU

Answers

Answer:

radius

Step-by-step explanation:

Divide 4 and 5 over 6 ÷ negative 2 and 1 over 7.

Answers

Answer:

I don't get the question will please can u snap it so I can see it my self and I will help u

Answer: -2 1 over 2

Step-by-step explanation:

f (a) = 3a + 2, When
f(a) = 11

Answers

3a+2=11
3a=9
a=3

. . . .

Answer:

3

Step-by-step explanation:

Think of "f(a)" like "y" in this context.   You can set that equal to 11 and solve for a:

f(a) = 3a + 2

11 = 3a + 2

9 = 3a

3 = a

determine whether AB and CD are parallel, perpendicular, or neither.
A(1,5), B(4,4), C(9,-10), D(-6,-5)

Answers

A thee you gooooooooooooooooooooooo

hhhhhheeeeeeeeeeellllllllllllppppppppppp!!!!!!!!!!!!

Answers

Answer:7

Step-by-step explanation:

what is the answer to 6 + 14 = 5x

Answers

Answer:

x=4

Step-by-step explanation:

6+14=5x

Add 6 and 14 which is equal to 20.

You will get 20=5x which you will then divide by 5 inorder to solve for x.

X=4

Pull out like factors :

5x - 20 = 5 • (x - 4)

Solve : 5 = 0

This equation has no solution.

A a non-zero constant never equals zero

Solve : x-4 = 0

Add 4 to both sides of the equation :

x = 4

The terminal side of angle θ intersects the unit circle in the first quadrant at x=2/5. What are the exact values of sinθ and cosθ?

Answers

Answer:

sin(θ) = (√21)/5cos(θ) = 2/5

Step-by-step explanation:

You want the exact values of sine and cosine of the angle whose terminal point is at x=2/5 on the unit circle in the first quadrant.

Pythagorean identity

The coordinates of a point on the unit circle are (cos(θ), sin(θ)). You already know that the x-coordinate is 2/5, so ...

  cos(θ) = 2/5

The Pythagorean identity in trigonometric terms is ...

  sin²(θ) +cos²(θ) = 1

Then the sine of the angle is ...

  sin(θ) = √(1 -cos²(θ))

  sin(θ) = √(1 -(2/5)²) = √((25 -4)/25)

  sin(θ) = (√21)/5

The exact values of sine and cosine are ...

sin(θ) = (√21)/5cos(θ) = 2/5

Solve this problem please.

Answers

∑ Hey, shadowwolf9764 ⊃

Answer:

1.52545155993

Round if needed: 1.53

Step-by-step explanation:

Given:

[tex]\frac{0.128\div 3.2+0.86}{\frac{5}{6}\cdot 1.2+0.8}+\frac{\left(1\:\frac{32}{63}-\frac{13}{21}\cdot 3.6\right)}{0.505\cdot \frac{2}{5}-0.002}[/tex]

Solution:

Convert Mixed Number to a improper fraction:

[tex]1\frac{32}{63}=\frac{95}{63}[/tex]

Now we have;

[tex]=\frac{\frac{0.128}{3.2+0.86}}{\frac{5}{6}\cdot \:1.2+0.8}+\frac{95}{63}[/tex]

Solving the first part:

[tex]\frac{\frac{0.128}{3.2+0.86}}{\frac{5}{6}\cdot \:1.2+0.8}=\frac{0.128}{7.308}[/tex]

Then we have;

[tex]=\frac{0.128}{7.308}+\frac{95}{63}[/tex]

Least common factor: 460.404

[tex]=\frac{8.064}{460.404}+\frac{694.26}{460.404}[/tex]

Now using this formula: [tex]\frac{a}{c}\pm \frac{b}{c}=\frac{a\pm \:b}{c}[/tex]

[tex]=\frac{8.064+694.26}{460.404}[/tex]

Adding the numbers:

[tex]=\frac{702.324}{460.404}[/tex]

Next divide the numbers:

[tex]1.52545155993[/tex]

Hence, the answer is:

[tex]1.52545155993[/tex]

Round if needed:

[tex]1.53[/tex]

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Write 2211 three in expanded form and then convert it to base ten.

Answers

The final answer for 2211₃ to convert into base 10 is 76₁₀.

Given 2211₃

Expand the number as below

2211₃ = 2 * 3³ + 2 * 3² + 1 * 3¹ + 1 * 3⁰

To convert base 3 to base 10 we need to expand form numbers as

2211₃ = 2 * 3³ + 2 * 3² + 1 * 3¹ + 1 * 3⁰

         = 2 * 27 + 2 * 9 + 1 * 3 + 1 * 1

         = 54 + 18 + 9 + 1

         = 76₁₀

Therefore, the Correct answer for 2211₃ to convert into base 10 is 76₁₀

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Monday
Ms. Paulsen had 80 paper clips in her desk drawer. She used 39 of them on
papers.
How
many paper clips does Ms. Paulsen have in her desk drawer now?

Answers

41 would be the answer
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