Mike and Beatrice purchase a house for $200,000. If the equation V = 200,000(1.03)x represents the value of the house after x ye
ars, how many years will it take the house to be worth approximately $225,000?
2 answers:
Answer:4 years
Step-by-step explanation:
X=((log(225000/200000)/log(1.03))
X=log(225,000÷200,000)÷log(1.03)
X=3.98 years
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