Elementary Algebra

Published by Cengage Learning
ISBN 10: 1285194055
ISBN 13: 978-1-28519-405-9

Chapter 11 - Additional Topics - Chapter 11 Test - Page 521: 25

Answer

The answer is below.

Work Step by Step

When the house is less than 200,000 dollars, we use the first equation: $$f(165,000) = .07(165,000) = 11,550$$ When the house is greater than 200,000 dollars, we use the second equation: $$ f(245,000) = .05(245,000) + 4000 = 16,250$$
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