The answer is B because the quantity tends to stay the same as the sample goes up
Answer:
$5.36
Step-by-step explanation:
multiply 8 by .67
We have to determine the value of a house after 10 years. We know that the present value of the house is $125,000 and that the value increases 3.5% each year. Formula is: FV = PV * ( 1 + r )^t, where FV is the future value, PV is the present value, r = 3.5% = 0.035 and t = 10 years. FV = 125,000 *( 1.035 )^10 = 125,000 * 1.4105; FV = $176,324.85 ( $ 176,325 to the nearest dollar ). Answer: The value of the house after 10 years will be <span>$176,325.</span>
