Question

Elijah purchased a home for $123,700. The home appreciates about 5.5% each year. What is the value of the home after 13 years?

Answer 1

Answer:212,145.50

Explanation: you take 5.5% of 123,700 multiply that by 13 because your finding that total after 13 years with is 88,445.50 add that on top of the houses original value and there's your answer