Question: (do not solve exponentially, this is not an exponential problem.) 8. Bert purchased a home in 2000 for $155, 000.00. In 2008, the home was

(do not solve exponentially, this is not an exponential problem.)

8. Bert purchased a home in 2000 for $155, 000.00. In 2008, the home was worth $215, 000.00. a. Write a mathematical model that represents the yearly rate of appreciation for the home from 2000 to 2008. b. If the rate of appreciation for the home is constant, how much did the home appreciate each year? c. When will the home be worth $300, 000.00

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