Question

1 question. 11 points. thanks for the help

The equation p = 1.7t² + 18.75t + 175 approximates the average sale price p of a house (in thousands of dollars) for years t since 2010.

What is the best estimate for the price of the house in year 2020

Answer 1

533,000
I can't really explain it very well but I just took my test and I got it right

Answer 2

The equation
`p= 1.7t^(2)+18.75t+175` approximates the average sale price p of a house (in thousands of dollars) for years t since 2010.

We have to calculate the best estimate for the price of the house in year 2020.

So, we have to calculate the best price of the house after 10 years.

So, putting the value t=10 in the given equation.

`p= 1.7t^(2)+18.75t+175`

`p= (1.7 * 100)+(18.75 * 10)+175`

p = 532.5= 533 (Rounded)

Since it approximates the average sale price p of a house (in thousands of dollars).

Therefore p=$533,000

Therefore, the best estimate for the price of the house in year 2020 is $533,000.