1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
padilas [110]
3 years ago
7

The Poe family bought a house for $240,000. If the value of the house increases at a rate of 4% per year, about how much will th

e house be worth in 20 years?
Mathematics
2 answers:
Eddi Din [679]3 years ago
3 0

Answer:

  about $525,900

Step-by-step explanation:

Each year, the value is multiplied by (1 +4%) = 1.04. After 20 years, it will have been multiplied by that value 20 times. That multiplier is 1.04^20 ≈ 2.19112314.

The value of the house in 20 years will be about ...

  $240,000×2.19112314 ≈ $525,900 . . . . . rounded to hundreds

harkovskaia [24]3 years ago
3 0

Answer: it would be worth $52587 in 20 years.

Step-by-step explanation:

If the value of the house increases at a rate of 4% per year, then the rate is exponential. We would apply the formula for exponential growth which is expressed as

A = P(1 + r/n)^ nt

Where

A represents the value of the house after t years.

n represents the period of increase.

t represents the number of years.

P represents the initial value of the house.

r represents rate of increase.

From the information given,

P = $24000

r = 4% = 4/100 = 0.04

n = 1 year

t = 20 years

Therefore

A = 24000(1 + 0.04/1)^1 × 20

A = 24000(1.04)^20

A = $52587

You might be interested in
If a triangle had a height of 14 inches and a base of 9 inches, what’s it’s area
attashe74 [19]
It should be one hundred twenty six (126) if my math is correct
8 0
3 years ago
Read 2 more answers
If someone helps me solve all of this I’ll give em 15-20 pts and mark brainiest ;)
shusha [124]

Answer:

1. cell?

2. distinction

3. assumption

4. foliage

5. commission

6. dimension

7. considerable

8. membrane

9. cell

10. final

11. viewpoint

12. considerable

Step-by-step explanation:

6 0
3 years ago
Helpppppppppppppppppppppppppp
ddd [48]
Answer:
The last choice is the correct one

Explanation:
We can solve this question using "difference between squares" which has the following general rule:
a^2 - b^2 = (a+b)(a-b)

For the given question:
p^4 - 16 = (p^2 - 4)(p^2 + 4)

Now, p^2 - 4 can be further factorized using difference between squares, therefore:
p^4 - 16 = (p-2)(p+2)(p^2 + 4)

Hope this helps :)
5 0
3 years ago
Show work plz
Mazyrski [523]
So first we need to get rid of that naughty sales tax so we need to divide 30.45 by 1.05 since 30.45 is 105% of the pre-tax price. We get the answer of 29 and subtract 12 from 29 since the long fleece socks cost 12 bucks and we get 17 dollars. Since there are 2 pairs of regular songs we divide 17 by 2 and get 8.5

So the regular socks cost $8.50

Checking work 8.5*2=17
12+17=29
1.05*29=30.45

If u need more help feel free to ask me
3 0
3 years ago
What is the measure of angle 7?
Firdavs [7]

Answer:

The measure of angle 7 is 155*.

Step-by-step explanation:

4 0
3 years ago
Other questions:
  • Part A: Factor 3x2y2 − xy2 − 2y2. Show your work. (4 points)
    6·1 answer
  • PLS HELP ME!!! Determine the horizontal asymptote for the rational function.
    5·1 answer
  • What is the gcf of 19x^7 and 3x^5
    6·1 answer
  • What is the height h of the parallelogram? Not drawn to scale
    11·2 answers
  • What is the lateral area of a rectangular prism with a base length of 16 m, a base width of 8 m, and a height of 4 m?
    13·2 answers
  • Please do this for me
    7·1 answer
  • Find f(g(4)).<br> fg(4)) =
    5·1 answer
  • 1) The extent to which data points from a set of data differ from each other or from the true mean or average.
    7·1 answer
  • Find x. Round to the nearest tenth.
    13·1 answer
  • Find the distance between the two points. Imagine a right triangle connecting the two points. Hint: Find the base of the triangl
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!