The Gates family has a home that they purchased for $160,000. If the value of their home increases at a rate of 3% per year, how
much will it be worth in 10 years?
$208,000.00
$48,000.00
$4,800,000.00
$215,026.62
1 answer:
The answer will be the first one, $208,000
1) find the total percentage - 3x10=30%
30% of 160,000 = 48,000
160,000 + 48,000 = $208,000
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