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aliina [53]
3 years ago
9

A company has a property tax bill for $6,000 this year. It expects property values to rise by 8% each year and therefore increas

e the property tax bill by 8% each year. What is the expected amount of property taxes the company will pay for this year and the upcoming three years?
$24,080
$24,480
$27,037
$29,200
Mathematics
2 answers:
LekaFEV [45]3 years ago
7 0
Year                     
1     6,000 x 1.08       =   6,480
2     6,480 x 1.08       =   6,998.40
3     6,998.40 x 1.08 =   7,558.27
4     7,558.27 x 1.08 =   <u>8,162.93</u>
                   total:            29,199.60

Answer is the last option: $29,200
Luba_88 [7]3 years ago
4 0

Answer:

The answer on edge is C) 27,037

Step-by-step explanation:

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