Question

5. The value of a piece of land is growing at a rate of 2.5% annually. If the land was worth $99,000 when it was purchased, which equation could be used to determine the value of the property, y, x years after it was purchased? a) =99,000+2.5 c) =99,000(1.025) b) =99,000(0.025) d) =99,000(2.5)

Answer 1

Answer:

99,000.00 × 2.5 . answer d