Braden bought a piece of commercial real estate for $101,234. The value of the real estate appreciated at a constant rate per year. The table shows the value of the real estate after the first and second years: Year 1 2 Value (in dollars) $104,271. 02 $107,399. 15 Which function best represents the value of the real estate after t years? f(t) = 101,234(1. 03)t f(t) = 101,234(0. 03)t f(t) = 104,271. 02(1. 03)t f(t) = 104,271. 02(0. 03)t.

Answers

Answer 1

The function that best represents the value of the real estate after t years is: [tex]f(t) = 101234(1.03)^t[/tex]

The table is represented as:

Years  - Values

1          -  $104,271. 02

2         -  $107,399. 15

Appreciation and depreciation are often represented using exponential function as follows:

[tex]f(x) = ab^x[/tex]

At year 1, we have:

[tex]104271. 02 = ab^1[/tex]

[tex]104271. 02 = ab[/tex]

At year 2, we have:

[tex]107399. 15 = ab^2[/tex]

Divide both equations

[tex]\frac{107399.15}{104271.02} = \frac{ab^2}{ab}[/tex]

[tex]1.03 = b[/tex]

Rewrite as:

[tex]b = 1.03[/tex]

He bought the real estate for $101,234.

So, we have:

[tex]a = 101234\\[/tex]

Substitute values for (a) and (b) in [tex]f(x) = ab^x[/tex]

[tex]f(x) = 101234(1.03)^x[/tex]

Replace x with t

[tex]f(t) = 101234(1.03)^t[/tex]

Hence. the function that best represents the value of the real estate after t years is: [tex]f(t) = 101234(1.03)^t[/tex]

Read more about exponential functions at:

https://brainly.com/question/12940982


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if x is reduced by 25%. the result will be

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[tex]\huge\color{skyblue}\boxed{\colorbox{black}{Answer♡}}[/tex]

[tex]a \: number \: x \: is \: reduced \: by \: 25\%[/tex]

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The reduced quantity if x is reduced by 25% is 0.75x.

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A percentage, often known as percent, is a division by 100. Percentage, which means "per 100," designates a portion of a total sum. 45 out of 100 is represented by 45%, for instance. Finding the percentage of a whole in terms of 100 is what percentage calculation is. Both manual calculation and the use of internet calculators are options.

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Answers

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Answer:

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Step-by-step explanation:

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Answers

Answer:

It is still 549.5

Step-by-step explanation:

Rounding to 1 decimal place is just rounding by the tenth place

So it is still 549.5

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Answer:

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Answer:

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Step-by-step explanation:

We are given that [tex]f(x)=\frac{1}{3} x-5[/tex] and we want to find f(12) and f(x) = 4

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multiply both sides by 3

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Step-by-step explanation:

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