Joseph paid $105,000 for his home twenty years ago. since then, his house has increased its property value by 2.0% every year. in addition, joseph has made renovations and improvements to the house which will increase its sale value by $28,700. if joseph sells his home, how much profit will he make, to the nearest hundred dollars?

Profit earned on the house if he sells = $79720

Step-by-step explanation:

Amount paid by Joseph for his home = $105000

His house has increased its property value by 2.0% every year

So, Property cost after 20 years :

Also, Due to renovations and improvements to the house, the property cost is increased by $28700

So, Total cost of the house after 20 years = 156020 + 28700

                                                                      = $184720

So, Profit earned on the house if he sells = 184720 - 105000

                                                                       = $79720

let soccer = x and golf = y

part a

1st equation: x + y = 125

2nd equation: x = y +45

part b

replace x in the 1st equation with the 2nd one:

y + 45 + y = 125

simplify:

2y + 45 = 125

subtract 45 from each side:

2y = 80

divide both sides by 2:

y = 80/2

y = 40

she plays golf for 40 minutes.

part c

no because she plays soccer for 45 minutes longer than golf 40 +45 =   85 minutes, not 80 minutes.

there is no