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Mathematics, 05.11.2020 03:00 Ashwaf23474

How is the answer C? Please show and describe to me using the numbers shown. Thank you
For this question, disregard selling costs, taxes, etc. and choose the closest answer.
A parcel of land is sold for $163,000. If it appreciates at 14% compounded per year and the seller keeps it for seven years, how much will the seller pay for it?
A. a. $72,000
B. b. $70,500
C. c. $65,000
D. d. $55,000

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Answers: 3

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How is the answer C? Please show and describe to me using the numbers shown. Thank you
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