You have inherited land that was purchased for $30,000 in 1960. The value of the land increased by approximately 8% per year. What is

Question

You have inherited land that was purchased for $30,000 in 1960. The value of the
land increased by approximately 8% per year. What is the approximate value of
the land in the year 1995?
Hint: Use the formula A=P(1+r)

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Khang Minh 3 years 2021-07-25T23:38:51+00:00 1 Answers 17 views 0

Answers ( )

  1. Sapo1
    0
    2021-07-25T23:40:23+00:00
    Reply

    Answer:

    the answer is 42,000

    Step-by-step explanation:

    obviously because if you carry the one and than divide by the denominator, you get four oranges. and when life gives you lemons, you give it back

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