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alexandreapeterson03
alexandreapeterson03 alexandreapeterson03
  • 06-03-2017
  • Mathematics
Answered

Carly buy a new house for 125,000 the value of the house appreciate approximately 3.5% each year what will be the value of a house after 10 years

Verified Answer :

bellabrucey
bellabrucey bellabrucey
  • 06-03-2017

Y=125,000 (1+.035)^10
Y=125,000 (1.035)^10
Y=125,000 (1.410598716) or 125,000 (1.41)
Y= $176324.85 or $176250

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