$23,152.50
Start: $20,000
1st year: $20,000 + $1,000.00 = $21,000
2nd year: $21,000 + $1,050.00 = $22,050
3rd year: $22,050 + $1,102.50 = $23,152.50
Answer: 
Step-by-step explanation:
1. Based on the information given in the problem, you can draw the right triangle shown in the figure attached.
2. Keeping the informationn given in the problem, you can calculate the angle that the sum makes with the ground (
)as you can see below:
Where:
3. Then:
X=4
This is because
(4)3-2=10
12-2=10
10=10
This makes the statement true!
Hope this helps have a good day!
Answer:
12
Step-by-step explanation:
12
Answer:
The value after three years is $137,027.97
Step-by-step explanation:
Here, we want to get the value of the home after 3 years
Generally, we have the exponential formula as follows;
y = P(1 + r)^t
where P is the original cost which is $124,400
r is the rate of increase which is 3% = 3/100 = 0.03
t is the time which is 3 years
Substituting these values;
y = 125400(1 + 0.03)^3 = $137,027.97
