Question

Belinda is thinking about buying a house for $286,000. The table below shows the projected value of two different houses for three years:

Part A: What type of function, linear or exponential, can be used to describe the value of each of the houses after a fixed number of years? Explain your answer.

Part B: Write one function for each house to describe the value of the house f(x), in dollars, after x years.

Part C: Belinda wants to purchase a house that would have the greatest value in 25 years. Will there be any significant difference in the value of either house after 25 years? Explain your answer, and show the value of each house after 25 years.

Number of years 1 2 3
House 1 (value in dollars) 294,58 303,417.40 312,519.92
House 2 (value in dollars) 295,000 304,000 313,000

Answer 1

Answer:

The slope of the budget line measures the amount of change in good 2 required per unit of change in good 1 along the budget line. Now, let us derive the slope of the budget line as follows: Take two points on the budget line

Answer 2

Answer:

In physics, a force is any influence that, when unopposed, will change the motion of an object. A force can cause an object with mass to change its velocity, i.e., to accelerate. Force can also be described intuitively as a push or a pull. A force has both magnitude and direction, making it a vector quantity.