Register

Alissa has purchased land for $42,000. Its value is increasing at a rate of 1.75% per year. What will be the approximate value of the land in 12 years?

Alissa has purchased land for $42,000. Its value is increasing at a rate of 1.75% per year. What will be the approximate value of the land in 12 years?
asked 228k views
5 votes
Alissa has purchased land for $42,000. Its value is increasing at a rate of 1.75% per year. What will be

the approximate value of the land in 12 years?

asked
User Teasha
by
7.9k points

1 Answer

4 votes

Answer:

42000(1.0175)^12 = $51720.45

Explanation:

answered
User Cthos
by
8.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!