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08-02-2019
Mathematics

contestada

The Greens bought a home for $110,000 in 2015. If its value appreciates at an average rate of 6% each year, what will the value be in 2020? Round to the nearest cent..

A- $147, 204.81
B- $145, 492.71
C- $129, 427.22
D- $184, 877

I'm guessing it's B, but I'm probably totally wrong :)

Respuesta :

freya675 freya675

08-02-2019

Answer:

The answer is B ($147204.81)

Step-by-step explanation:

$110000 x 1.06^5 = $147204.81 (or B)

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