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Tonya purchased a building for $295,150. The land appreciates about 5.6% each year. What is the value of the land after 17 years?

Tonya purchased a building for $295,150. The land appreciates about 5.6% each year. What is the value of the land after 17 years?
asked 17.1k views
2 votes
Tonya purchased a building for $295,150. The land appreciates about 5.6% each year. What is the value of the land after 17 years?

asked
User Blackgreen
by
7.4k points

2 Answers

3 votes
$295,150*%5.6*17=?
I believe this is correct.
answered
User Rajeev Radhakrishnan
by
7.8k points
5 votes

$576132.80 is the answe

answered
User Thanos Kyprianos
by
7.9k points
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