209k views
0 votes
A three bedroom house in Burnsville sold for 190000. If housing prices are expected to increase 1.8% annually in that town, write an explicit formula that models the prices of the house in t years. Find the price of the house in 5 years.

User Shnkc
by
7.9k points

1 Answer

4 votes

Answer:

T=190,000(0.018)(5)

T=190,000+17,100

T=207,100

User GChorn
by
7.6k points