Price of a House The median price of a house in Orange County increases by about per year. In the median price was $ . Let be the median price years after .
(a) Find a formula for the sequence .
(b) Find the expected median price in .
The formula for the median price years after 2002.
The median price of a house in was .
The price of a house increases per year.
Relate median price after years to median price after years using the given information that median price increases each year by .
Median price after months is . The increment by changes median price to
The expected median price in .
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