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A piece of land was purchased for $65,000. The value of the land has slowly been decreasing by 1% annually. How much will the land be worth in 20 years?

A piece of land was purchased for $65,000. The value of the land has slowly been decreasing by 1% annually. How much will the land be worth in 20 years?
asked 226k views
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A piece of land was purchased for $65,000. The value of the land has slowly been decreasing by 1% annually. How much will the land be worth in 20 years?

asked
User Mitra
by
8.5k points

1 Answer

7 votes

Então em 20 anos a terra valeria R$13000

1%de 65000 é 650

650x20= 13000

answered
User Bk Lim
by
7.9k points
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