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Ray Of Light [21]

3 years ago

8

The smiths bought an apartment for $75,000. assuming that the value of the apartment will appreciate at most 4% a year, how many

years until the apartment will be worth 100,000?

1 answer:

DedPeter [7]3 years ago

6 0

Answer:

1st year is $75,000 * 0.04 = $3,000 $75,000+$3,000=$78,000

Step-by-step explanation:

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