document.write( "Question 1003575: a house was purchased for 78,000.00. After 7 years the value of the house was 92,000.00. Express the house's value V(t) IN TERMS OF t in years \n" ); document.write( "

Algebra.Com's Answer #620274 by josmiceli(19441) $\"\"$ $\"About$

You can put this solution on YOUR website!
I will say that the house was puchased in year $\"+0+\"$
\n" ); document.write( "The end of the 1st year is year $\"+1+\"$
\n" ); document.write( "------------------
\n" ); document.write( " $\"+V%28t%29+=+m%2At+%2B+b+\"$
\n" ); document.write( " $\"+V%28t%29+\"$ is plotted on the vertical axis
\n" ); document.write( " $\"+t+\"$ is plotted on the horizontal axis
\n" ); document.write( " $\"+b+\"$ is value of $\"+V%280%29+\"$
\n" ); document.write( "--------------------------
\n" ); document.write( " $\"+m+=+%28+92000+-+78000+%29+%2F+7+\"$
\n" ); document.write( " $\"+m+=+14000%2F7+\"$
\n" ); document.write( " $\"+m+=+2000+\"$
\n" ); document.write( "---------------
\n" ); document.write( " $\"+V%280%29+=+2000%2A0+%2B+b+\"$
\n" ); document.write( " $\"+78000+=+0+%2B+b+\"$
\n" ); document.write( " $\"+b+=+78000+\"$
\n" ); document.write( "----------------
\n" ); document.write( "The equation is:
\n" ); document.write( " $\"+V%28t%29+=+2000t+%2B+78000+\"$ \n" ); document.write( "

\n" );