You plan to buy a house today for $220,000. if the real estate in your area is expected to increase in value by 2% each year, wh
at will be the approximate value of your house in 7 years.
1 answer:
The multiplier each year is 1.02, so the multiplier for 7 years is 1.02^7.
220,000*1.02^7 ≈ 252,700
_____
4 significant figures is usually good enough for most real-world problems. (Unless you're counting pennies on your billion-dollar investment.)
You might be interested in
Answer:
what type of math is this algebra 2 becuz im in algebra A
Step-by-step explanation:
D. 4x+5 can be rewritten as 2 + 4x + 3 by the distributive property
Answer: $7,358
Step-by-step explanation: $26 * 283 (each student) =7,358 dollars
If you separate the numbers 58 to 50 and 8 you get the values for both.
Answer:
A. 90
B. 38
C. 85
Step-by-step explanation: