Linear Equation Word Problem Post

  1. A peice of land was going to be sold for $560,000 after 2 years of being bought. But, a real estate agent says that in another ten years the plot with be able to be sold for double of the orignal price which was $480,000.

a) Write this into a Function Notation Equation

Answer Key:

(2, 560 000) (0, 480 000)

560 000 – 480 000 = $80 000/2yrs = $40 000/yrs — V(t) = 40 000t + 480 000

2 – 0

b) What would the price be if the land was sold after seven years?

Answer Key: V(7) = 40 000(7) + 480 000

V(7) = 760 000

After seven years it will cost $760,000.

In this project i connected with my real life thinking and thinking in math, first i was able to think of math question to meet the requirements to the assignment and i was able to properly solve according to the question, i even had two other people try to solve and came out with the same answer.

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