Problem

House appreciation Six years ago a house was purchased for $179,000. This year it was ap...

House appreciation Six years ago a house was purchased for $179,000. This year it was appraised at $215,000. Assume that the value V of the house after its purchase is a linear function of time t (in years).

(a) Express V in terms of t.

(b) How many years after the purchase date was the house worth $193,000?

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