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Home > A2C > Chapter 8 > Lesson 8.2.4 > Problem 8-165


A two-bedroom house in Seattle was worth in . If it appreciates at a rate of each year:

  1. How much will it be worth in ?

    Write an equation based on the general exponential equation:


  2. When will it be worth ?

    In the equation you found in part (a), let .


  3. In Jacksonville, houses are depreciating at per year. If a house is worth now, how much value will it have lost in years?

    The multiplier is NOT . What percent of the value of a home remains each year if it is depreciating at ?