Mathematics, 21.04.2021 01:00 ousmaner

Suppose you inherited a house that was purchased in 1950 for $20,000. It is now
2015 and the value of the house has
increased by approximately 5% each
year (compound annually). What is the
house worth now? Round to the
nearest dollar.

Answers: 3

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Suppose you inherited a house that was purchased in 1950 for $20,000. It is now
2015 and the...