Question

The typical value of homes in Sparta is $139,594. If a home appreciates at 2.1% each year, what will the value be 7 years from now?

Answer 1

161453.307585

Explanation:

139,594(1 + 0.021)^7

139,594(1.021)^7

139,594 x 1.1565920282

161453.307585