A realtor is someone who helps people buy or sell houses. Two realtors are trying to determine the value of a house in four years.
The house currently has a value of $350,000
Part A: Realtor A says that the house will increase in value by 3% every year. Write an exponential equation that models the situation. Using
the exponential equation, determine the value of the house in 4 years.
Part B: Realtor B says that the house will increase in value by $10,500 each year. Write a linear equation that models the situation. Using the
linear equation, determine the value of the house in 4 years.
