Question 206038
The value of the house in year(y) is equal to the initial value of the house(16000) plus the product of the ValueIncreasedPerYear(x) and year(y).


(x)value increased per year = (180000 - 16000)/30
x = 164000/30
x = 16400/3


NOTE: I don't use decimals in solutions. I want the final answers to be as accurate as possible


The final equation will be
Value Of The House In Year(y) = 16000 + ValueIncreasedPerYear(x)*year(y)
value = 16000 + (16400/3)*y


checking:
In the question it is indirectly stated that the value of the house after 30 years is $180000.


value = 16000 + (16400/3)*30
value = 16000 + 164000
value = 180000