Solve the problem.
-A house was purchased for $79,000. After 9 years the value of the house was $106,000. Express the house's value V(t)in terms of time t in years.
A)V(t)= 9t + 79,000
B)V(t)= 3000t
C)V(t)= 3000t + 79,000
D)V(t)= 106,000

Question

Quizplus · Accepted Answer

The house's value increased by $27,000 over 9 years, which is a rate of $3,000 per year. Therefore, the value V(t) = initial value + rate of increase * time, or V(t) = 79,000 + 3000t.

Solve the Problem. -A House Was Purchased for $79,000. After 9 Years the 9