Question
The median price, P , of a home rose from$70thousand in 1990 to$210thousand in 2010. Let t be the number of years since 1990. (a)
The median price,P, of a home rose from$70thousand in 1990 to$210thousand in 2010. Lettbe the number of years since 1990.
(a) If the housing prices increased exponentially, find an equation of the formP=Poatto represent housing prices. Remember,Pis measured in thousands. (Round your answer forato 6 decimal places.)
a= ??
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Numerical Analysis
Authors: Richard L. Burden, J. Douglas Faires
9th edition
538733519, 978-1133169338, 1133169333, 978-0538733519
