document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1160518>Question 1160518</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The median home value in Pennsylvania and New Jersey (adjusted for inflation) are shown below.\r<BR>\n" );
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document.write( "Year	Pennsylvania	New Jersey<BR>\n" );
document.write( "1950	42400	        63100<BR>\n" );
document.write( "2000	97000	        170800\r<BR>\n" );
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document.write( "If we assume that the house values are changing linearly,\r<BR>\n" );
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document.write( "a) In which state have home values increased at a higher rate? <BR>\n" );
document.write( "Select an answer\r<BR>\n" );
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document.write( "b) If these trends were to continue, what would be the median home value in Pennsylvania in 2010?<BR>\n" );
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document.write( "c) If we assume the linear trend existed before 1950 and continues after 2000, the two states' median house values will be (or were) equal in what year? (The answer might be absurd)<BR>\n" );
document.write( "The year <BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #783816 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=783816\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> change in 50 years is $54600 in Pa and $107,700 in NJ\r<BR>\n" );
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document.write( "slope is 1092 in PA, increase in $1092 every year<BR>\n" );
document.write( "slope is 2154 in NJ, increase in $2154 every year \r<BR>\n" );
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document.write( "in another 10 years the home price would increase $1092*10 or $10,920 in PA and the price would be the added to $97000 or $107920.\r<BR>\n" );
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document.write( "x years prior to 1950 the price in PA was 42400-1092x and in NJ 63100-2154x<BR>\n" );
document.write( "Set those two equal<BR>\n" );
document.write( "20700=1062x<BR>\n" );
document.write( "x=19.49 years  or in mid-1930.\r<BR>\n" );
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document.write( "another way is to look at the difference in prices in 1950, which is $20700 and the difference in growth, which is $1062. Divide the two numbers. </SPAN>\n" );
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