Even though housing prices have been declining in many parts of the country, in Lara's neighborhood, they have been increasing steadily since Lara bought her home in 2006. Lara purchased her home in 2006 for $120,000, and it steadily increased its value by $4000 a year. Let Vrepresent the market value (in dollars) of her home; X, the length of time she has lived there (in years). Complete parts

Algebra and Trigonometry (6th Edition)
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Author:Robert F. Blitzer
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ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Even though housing prices have been declining in many parts of the country, in Lara's neighborhood, they have been increasing steadily since Lara bought her home
in 2006. Lara purchased her home in 2006 for $120,000, and it steadily increased its value by $4000 a year. Let Vrepresent the market value (in dollars) of her home;
X, the length of time she has lived there (in years). Complete parts a through d below.
a Complete the following table

Even though housing prices have been declining in many parts of the country, in Lara's neighborhood, they have been increasing steadily since Lara bought her home in 2006. Lara purchased her home in 2006 for
$120,000, and it steadily increased its value by $4100 a year. Let V represent the market value (in dollars) of her home; x, the length of time she has lived there (in years). Complete parts a through d below.
a. Complete the following table.
V, Market value
Year
2006
2011
$4
2014
b. Write a symbolic rule that expresses V in terms of x,
(Use integers or decimals for any numbers in the equation.)
c. Determine the expected value of her home in 2016.
S (Simplify your answer.)
d. In which year is the value of her home expected to reach $177,400?
Transcribed Image Text:Even though housing prices have been declining in many parts of the country, in Lara's neighborhood, they have been increasing steadily since Lara bought her home in 2006. Lara purchased her home in 2006 for $120,000, and it steadily increased its value by $4100 a year. Let V represent the market value (in dollars) of her home; x, the length of time she has lived there (in years). Complete parts a through d below. a. Complete the following table. V, Market value Year 2006 2011 $4 2014 b. Write a symbolic rule that expresses V in terms of x, (Use integers or decimals for any numbers in the equation.) c. Determine the expected value of her home in 2016. S (Simplify your answer.) d. In which year is the value of her home expected to reach $177,400?
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