88.6k views
4 votes
Write an equation for y , the value at time t , that represents the situation. Let t=0 represent the year 2021.A new home was purchased for $480,000 in the year 2021. The value has been increasing by $6,000 per year.

1 Answer

2 votes

Answer:

Given that,

A new home was purchased for $480,000 in the year 2021.

The value has been increasing by $6,000 per year.

To find an equation for y, the value at time t, that represents the situation.

Step-by-step explanation:

Let t represents the number of years after 2021.

That is, when t=0 represent the year 2021.

y represents the value of the home purchased over the years.

Since, The value has been increasing by $6,000 per year, the values follows the arithmetic sequence.

Since the value of t starts from 0, we get the equation as,


y=480000+6000t

Where t represents the number of years after 2021.

The required equation for the value of home y is,


y=480000+6000t

where t represents the number of years after 2021.

User AntoineB
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories