I'm not sure what they are asking for here please help.
A house was purchased for $72,000. After 9 years the value of the house was $90,000. Express the house's value V(t) in terms of time t in years.
I know that in 9 years the value increased 18000 and that is an average of 2000 a year. I also know that 2000 is 25% of 72,000. I don't know if I even need to know those things, or what the question is asking.
A house was purchased for $72,000. After 9 years the value of the house was $90,000. Express the house's value V(t) in terms of time t in years.
I know that in 9 years the value increased 18000 and that is an average of 2000 a year. I also know that 2000 is 25% of 72,000. I don't know if I even need to know those things, or what the question is asking.