5A house was worth $675 000 in 2008. It was predicted to increase in value by 3.5%each year.a) Write an equation that models this situation.b) Estimate the value of the house in 2021.c) Estimate the length of time it takes for the house to double in value.

here value of the house increases 3.5% each year, this increase in cumulative. so to find the value…

Answered: 5 A house was worth $675 000 in 2008.…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter2: Equations And Inequalities

Section: Chapter Questions

Problem 3T

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Graph the equation: x =5

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5 A house was worth $675 000 in 2008. It was predicted to increase in value by 3.5% each year. $31.75 a) Write an equation that models this situation. b) Estimate the value of the house in 2021. b) Deter c) Estimate the length of time it takes for the house to double in value.