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
Answer: 1 and 1/2
Step-by-step explanation:
.45 represents a positive slope... if you are using usatestprep it should be D
How is it possible to find an answer with only one given
