The lee family bought their home for $220,000 this year. The equation V = $220,000(1.038)* can be used to find the value, V, for
their home after x years. Which is gonna be the value of the lee family’s home after 5 years?
2 answers:
Answer:
V=220,000(1.038)^x
when x=5
V=220,000(1.038)^5=265099.83
Step-by-step explanation:
I assume this V = $220,000 * (1.038) is for one year = $228,360 +(5*1.038) simple interest = V =$<span>228,365.19</span>
You might be interested in
Answer:
y=462.30m
Step-by-step explanation:
61.848 million passengers
0.38^• or 7/18. If the x after the g and before the i is a multiplication (btw the ^• is a repeater
Answer:
3
Step-by-step explanation:
7.2 ÷ 2.4 = 3
