A house is worth $350,000 when purchased. It was worth $335,000 after the firstyear and $320,000 after the 2ndyear.1. Geometric or Arithmetic and Why?2. Complete a table that shows the value of the house for 5 years.3. Write an explicit and recursive formula for the sequence.4. What is the value of the house after you have lived in it for 10 years?

Respuesta :

A house is worth $350,000 when purchased. It was worth $335,000 after the first year and $320,000 after the 2nd year.

So, the difference between initial cost and the cost after one year =

335,000 - 350,000 = -15,000

The difference between the cost after one year and after 2 years =

320,000 - 335,000 = -15,000

As the common difference is constant

so, the cost represents Arithmetic sequence

the first term is 330,000 and the common difference is -15,000

The general form of the sequence is a + d(n - 1)

where a is the first term and d is the common difference and n the number of term

so, a = 335,000 and d = -15,000

so, the general form will be = 335,000 - 15,000(n-1)

So, the value of the house after 5 years = 335,000 - 15,000 * (5-1) = 275,000

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1. Geometric or Arithmetic and Why?

Arithmetic

2. Complete a table that shows the value of the house for 5 years.

For 5 years:

first year = $335,000

second year = $320,000

third year = $305,000

fourth year = $290,000

fifth year = $275,000

3. Write an explicit and recursive formula for the sequence.

The formula will be : 335,000 - 15,000(n-1)

4. What is the value of the house after you have lived in it for 10 years?

After 10 years;

the value of the house = 335,000 - 15,000 * (10-1)

= 335,000 - 15,000 * 9 = $200,000

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