If a house is purchased at $240,000, what is the predicted value of the house in 12 years if it appreciates at a rate of 4% per year? Round to the nearest cent, if necessary. (Hint: The formula for appreciation is P (1+r) ^t where p is the principal or initial amount, r is the yearly rate of appreciation expressed as a decimal, and is
the time in years.)
A. $3,777,644.65
B. $147,050.34
c$1,360,653.90
D. $384,247.73
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If a house is purchased at $240,000, what is the predicted value of the house in 12 years if it appreciates at a rate of 4% per year? Round ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What value of x will make this equation true 2x-6=3x+1-x-7
Answers (2)
Which statement must be true if segment EG is an altitude for the triangle DEF
Answers (1)
3. Solve z2 - 15z + 56 = 0 using the zero product property. A. z = 8, 7 B. z = - 5, - 2 C. z = 8, - 4 D. z = - 4, 7
Answers (1)
2.087 greater or less than 2.15
Answers (2)
What's the three methods ratio
Answers (1)
New Questions in Mathematics
Joe and his parents are going on vacation. On the first day they travel 250 miles. On the second day they travel 300 miles. The total miles they must travel is 1000.
Answers (2)
Find x when y=3 in the literal equation 3x+6y=24
Answers (2)
The sequence below is arithmetic {1,8,27,64}
Answers (1)
Angles α and b are the two acute angles in a right triangle. Use the relationship between sine and cosine to find the value of b if b < α. sin (x 2 + 2x) = cos (2x + 3x 2)
Answers (1)
Kevin has mowed 40% of the lawn. If he has been mowing for 20 minutes, how long will it take him to mow in a hour?
Answers (1)