The value of a building bought in 2000 continues to
Chapter 3, Problem 3.1 Review(choose chapter or problem)
The value of a building bought in 2000 continues to increaseas time passes. Seven years after the building was bought, itwas worth $210,000; 12 years after it was bought, it was worth$270,000.a. Assuming that this relationship between the number ofyears past 2000 and the value of the building is linear, writean equation describing this relationship. [Hint: Use orderedpairs of the form (years past 2000, value of the building).]b. Use this equation to estimate the value of the building in2018.
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