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The equation p=1.95t^2+12.25t+125 approximates the average sale price p of a house for years t since 2010

1 Answer

3 votes

Answer:

$496, 000

Explanation:

2021 is 11 years since 2010, hence t = 11

Substitute t = 11 into the equation

p = (1.95 × 11²) + (12.25 × 11) + 125

= 235.95 + 134.75 + 125

= 495.7 ( thousands of dollars ), thus the best estimate is

p = $ 496, 000

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