Question

A house worth $350,000 when purchased was worth $335.000 after the first year and $320,000 after the second year. If the economy does not pick up and this trend continues, what will be the value of the house after 6 years.

A) determine if is arithmetic or geometric. Write the explicit formula for the sequence.

B) Identify the values of n

Answer 1

I am not going to give you the exact answers, for that would be cheating, but I will give you some answers and let you use the information to form the explicit formula.
It is an arithmetic sequence.
Each year, the houses money value goes down by 15,000 dollars. by the time it reaches its 6th year, the house will be worth 260,000 dollars.

Hope this helps!

Answer 2

It is arithmetic. So the formula is a1= 335,000
d= -15000
an= 335000 -15000(6-1)= $260,000
Hope I helped! :)

Answer 3

D
E
R
P

Answer 4

its depreciating 15,000 every year so in six years it be worth 230,000

Answer 5

My House was worth 58,000 in 1976 can you tell me what it was worth ten years later.

Answer 6

The first year an SVU was worth $43,000. Fiver years later, it was worth $13,000. if c is the current value and 5 is the starting value, Write an expresion to find the average change in the value each year

Answer 7

what do you call an alligator detective? an investigator