Question

You have inherited land that was purchased for $30,000 in 1960. The value of the

land increased by approximately 8% per year. What is the approximate value of
the land in the year 1995?
Hint: Use the formula A=P(1+r)

Answer 1

the answer is 42,000

Explanation:

obviously because if you carry the one and than divide by the denominator, you get four oranges. and when life gives you lemons, you give it back