### Home > INT3 > Chapter 6 > Lesson 6.3.1 > Problem 6-85

6-85.

Suppose that a two-bedroom house in Nashville is worth

How much will it be worth in 10 years?

Let

number of years andvalue of house.is the initial value of the house andis the multiplier.When will it be worth

? Using the equation in part (a), guess and check values for

. Your answer will be approximate.In Homewood, houses are depreciating at a rate of

% each year. If a house is worth now, how much will it be worth two years from now? Write another equation. Note that the value is depreciating this time.