Rent in the Riverside Neighborhood is expected to increase 7.2% each year. Average rent for an apartment is currently $830 per month.
a) Identify and name the variables, including the units.
#1.1 variables and functions
wild marten
ocean slateBOT
Rent in the Riverside Neighborhood is expected to increase 7.2% each year. Avera...
- Ask your question and show the work you've done so far. If you've posted a screenshot of a question, specify which part you need help with.
- Wait patiently for a helper to come along.
- Once someone helps you, say thank you and close the thread with:
+close - Feel free to nominate the person for helper of the week in #helper-nominations
- Do not ping the mods, unless someone is breaking the rules.
- If you're happy with the help you got here, and the server overall, you can contribute financially as well:
wild marten
So, the question says to identify the variables. But I only see one variable “average rent for an apartment”.
Part b says “Explain the dependence using a sentence of the form “_ is a function of _”. So, is there another variable or is this some kind of trick question?
dense pasture
I only see one variable “average rent for an apartment”.
Does this variable change over time?
@wild marten If it does, then it may be worth considering the average rent at different time instants as different variables
wild marten
Ah
So another variable is “time measured in years”?
dense pasture
That works too