Question

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Buying a Home

For most people, buying a house is a great investment that can offer security in an uncertain world, but buying a house is also a commitment.

Application Practice

Answer the following questions. Use Equation Editor to write mathematical expressions and equations. First, save this file to your hard drive by selecting Save As from the File menu. Click the white space below each question to maintain proper formatting.

1.     Suppose you are in the market for a new home and are interested in a new housing community under construction in a different city.
a)     The sales representative informs you that there are two floor plans still available, and that there are a total of 56 houses available. Use x to represent floor plan #1 and y to represent floor plan #2. Write an equation that illustrates the situation.

b)     The sales representative later indicates that there are 3 times as many homes available with the second floor plan th