Answer:
$730.00
Step-by-step explanation:
initial value - s(t)=$20,000.00(1.02)^t
larger plot - l(t)=$35,000.00(0.95)^t
different plot half as much as larger plot - d(t)=$17,500.00(1.04)^t
calculate all three plots after 8 years
s(8)=$20,000.00(1.02)^8
=$23,433.19
rounded $23,433.00
l(8)=$35,000.00(0.95)^8
=$23,219.72
rounded = $23,220.00
d(8)=$17,500.00(1.04)^8
=$23,949.96
rounded = $23,950.00
$23,950.00-$23,220.00 = $730.00
difference after 8 years between highest land and lowest is $730.00