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Select the correct answer from each drop-down menu.
Martin purchased a condo below market value in 2001. He pald $92,500 for the condo even though the market value of the condo
higher. In 2014, Martin transferred to another city for work and had to sell his condo. The market value of his condo Increased ov
shown in the graph below, where the yaxis represents the market value of the condo, in dollars, and the x-axis represents the nu
since 2001.
Market Value of Martin's Condo
y
200,000
190,000
180,000
170,000
ue ($)
160,000

Respuesta :

raphealnwobi

The linear function that represent the value of Martin condo is y = 2000x  + 92500

Linear equation

A linear equation is in the form:

y = mx + b

Where y,x are variables, m is the rate of change and b is the y intercept.

Let y represent the market value of the condo after x years since 2001.

In 2001, the condo was $92500, hence b = 92500.

Let us assume the value increased by $2000 per year, hence:

The linear function that represent the value of Martin condo is y = 2000x  + 92500

Find out more on Linear equation at: https://brainly.com/question/14323743

spiderboyxl2006

100k value

5% per year

NOT!!! 2001

NOT!!!2014

Ver imagen spiderboyxl2006

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