The equation p = 1.95t² + 12.25t + 125 approximates the average sale price p of a house (in thousands of dollars) for years t since 2010.What is the best estimate for the price of the house in year 2021?
Question
Answer:
Resolving p = 1.95t² + 12.25t + 125
year=2010 for t=0
year=2021 for t=(2021-2010)=11
We have that
p =
1.95*(11) ^² + 12.25*(11) + 125
p =495.70
thousands of dollars
p =495700 dollars is the best estimate for the price of the house in year 2021
solved
general
11 months ago
6950