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8 June, 10:40

Suppose you purchase a home that costs $235,000. If the expected rate of appreciation of the home is 3% per year. Estimate the value of the home after 30 years.

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  1. 8 June, 11:34
    0
    570406.68

    Step-by-step explanation:

    a = 235,000

    r=.03

    b = 1.03

    x=30

    y=ab^x
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