The value of a family's home, in Camrose AB, is given by the following exponential function f(x), where x is the number of years after the family purchases the house for $130,000. What is the best estimate for the instantaneous rate of change in the value of the home when the family has owned it for 5 years? f(x)=130000(1.06) $10,000/year $8,000/year $15,000/year $12,000/year

Advanced Engineering Mathematics
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Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
Section: Chapter Questions
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Question 9

The value of a family's home, in Camrose AB, is given by the following exponential
function f(x), where x is the number of years after the family purchases the house for
$130,000. What is the best estimate for the instantaneous rate of change in the
value of the home when the family has owned it for 5 years?
f(x) = 130000(1.06)
$10,000/year
$8,000/year
O $15,000/year
$12,000/year
Transcribed Image Text:The value of a family's home, in Camrose AB, is given by the following exponential function f(x), where x is the number of years after the family purchases the house for $130,000. What is the best estimate for the instantaneous rate of change in the value of the home when the family has owned it for 5 years? f(x) = 130000(1.06) $10,000/year $8,000/year O $15,000/year $12,000/year
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