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Lelu [443]
3 years ago
5

A home has a current market value of $225,000. MLS data from the last five years shows that home values have appreciated 6% per

year. Based on this information, what will be the value of the house 5 years from now assuming compound appreciation?
Mathematics
1 answer:
Anastasy [175]3 years ago
8 0

Answer:

THe value after 5 years will be $301100.755

Step-by-step explanation:

Each year the houses appreciates a 6%; as a result, the price of the house is multiplied by 1.06 for each passing year. If 5 years passed, then the price would multiply for 1.06 a total of 5 times, hence it will be multiplied by 1.06⁵.

The value of the house after 5 years will be

225000*1.06⁵ = $301100.755

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Aleksandr-060686 [28]
<span>1/258 *(t^28)
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= t^28 4^-4
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7 0
3 years ago
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The endpoints of GE are located at G(-6,-4) , and E(4,8). Using slope-intercept form, write the equation of GE.
IRINA_888 [86]

Answer:

The line would be y = 6/5x + 26/5

Step-by-step explanation:

To find the equation, we first need to find the slope. We can do this by using the slope formula.

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3 0
3 years ago
$35 is 51% of what number?​
babunello [35]

Answer:

-16

Step-by-step explanation:

$35 is 51% of what number is written as: $35 = 51% * (X)

$35 = 51% * (X)

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<u></u>

<h2>Hope this helps!!!</h2>
6 0
3 years ago
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Please answer correctly !!!!!!!!!!!! Will mark Brianliest !!!!!!!!!!!!!!!!
tia_tia [17]

Answer:

x = 8

Step-by-step explanation:

well using the theorem we have

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3 years ago
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Fiesta28 [93]

Answer:

egh

Step-by-step explanation:

3 0
3 years ago
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