Since 1992, the value of homes in a neighborhood has doubled every 16 years. The
value of one home in the neighborhood was $136,500 in 1992.

a. What is the value of this home, in dollars, in the year 2000? Explain your
reasoning.
b. Write an equation that represents the growth in housing value as a function of
time in t years since 1992.

c. Write an equation that represents the growth in housing value as a function of
time in d decades since 1992.
d. Use one of your equations to find the value of the home, in dollars, 1.5 decades
after 1992.