Question

At the beginning of 2000 Omar's house was worth 222 thousand dollars and John's house was worth 128 thousand dollars. At the beginning of 2003, Omar's house was worth 174 thousand dollars and John's house was worth 152 thousand dollars. Assume that the values of both houses vary at an exponential rate.

1. Write a function ff that determines the value of Omar's house (in thousands of dollars) in terms of the number of years tt since the beginning of 2000.

2. Write a function gg that determines the value of John's house (in thousands of dollars) in terms of the number of years tt since the beginning of 2000.

3. How many years after the beginning of 2000 will Omar's and John's house have the same value?

Answer 1