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1. In 1990, the value of a home is $170,000. Since then, its value has increased 5% per year. What is the approximate value of the home in the year 1993?

1. In 1990, the value of a home is $170,000. Since then, its value has increased 5% per year. What is the approximate value of the home in the year 1993?
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19 votes
1. In 1990, the value of a home is $170,000. Since then, its value has increased 5% per year.

What is the approximate value of the home in the year 1993?

asked
User Chinz
by
8.7k points

2 Answers

6 votes

Answer:

255,000 is the value of them home

answered
User Tomer Even
by
8.9k points
10 votes

Answer:

$196,797

Explanation:

answered
User Ghtn
by
7.3k points
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