Joey buys a home for $263,000. His home is predicted to increase in value 5% each year.
2 answers:
Answer:
$890,611.35 :)
Step-by-step explanation:
First, we determine the equation.
Y=263,000(1+0.05)
890,611.35
Answer:
it will be $591. 750 if i im correct
Step-by-step explanation:
first, find out how many % his home will increased in 25 years: 25* 5% = 125%
then find out how many $ his home values: 263.000 x 125/100 = $328.750
then add his first value and second value together: $263,000 + $328.750 = %591.750 done
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