Question:

The value of a family's home is given by f(x) = 130 000

Last updated: 7/10/2022

The value of a family's home is given by f(x) = 130 000

The value of a family's home is given by f(x) = 130 000 (1.06)*, where x is the number of years after the family purchases the house for $130 000. What is the best estimate for the instantaneous rate of change in the value of the home when the family has owned it for 5 years? a. $8000/year b. $10 000/year c.$12 000/year d.$14 000/year