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a)Determine the price of the home after 12 years. b)What type of function does the data represent? (exponential, logarithmic, power, etc.) c) Why can't you use the pattern to find v(15)?

a)Determine the price of the home after 12 years. b)What type of function does the data represent? (exponential, logarithmic, power, etc.) c) Why can't you use the pattern to find v(15)?

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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(values on table in image attached)

a)Determine the price of the home after 12 years.

b)What type of function does the data represent? (exponential, logarithmic, power, etc.)

c) Why can't you use the pattern to find v(15)?

d)Find the particular equation for V(t) that satisfies the values given in the table.

e) Evaluate V(15)

f) In what year will the house be worth 5 million dollars?

A house is bought in an up and coming Texas neighborhood. The table below shows the value of the house, V(t), after owning the house for t years. t in V(t) value of house years $150,000 4 $225,000 $337,500 $506,250 6. 8.
Transcribed Image Text:A house is bought in an up and coming Texas neighborhood. The table below shows the value of the house, V(t), after owning the house for t years. t in V(t) value of house years $150,000 4 $225,000 $337,500 $506,250 6. 8.
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