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The Wilson family purchased a home for $140,000. The housing market has increased in value by 6.2% every year. Determine an equation that would represent what the house would be…

The Wilson family purchased a home for $140,000. The housing market has increased in value by 6.2% every year. Determine an equation that would represent what the house would be…
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The Wilson family purchased a home for $140,000. The housing market has increased in value by 6.2% every year. Determine an equation that would represent what the house would be valued at in the next six years.

User Hadi Tok
by
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1 Answer

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The price of the house after 6 years is $200,851.5262092119 ( I think I’m not 100% sur)
User Timothy Kanski
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8.2k points
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