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Zigmanuir [339]

2 years ago

7

You purchase a home for $125,000. The value of the property increases by 1.9% every year. After ten years, you decide to sell th

e home. In the meantime, you have made renovations and improvements to the house which increase its sale value by $48,300. How much will you sell the house for, to the nearest hundred dollars?

2 answers:

FinnZ [79.3K]2 years ago

7 0

We can use the formula:

F = P · ( 1 + i )^n

where: P = $125,000, i = 0.019 ( 1.9 %), n = 10

F = $125,000 · ( 1 + 0.019 )^10

F = $125,000 · 1.019^10

F = $125,000 · 1.207096

F = $150,887

And we have to add $48,3000 ( for renovations and improvements )

$150,887 + $48,300 = $199,187 ≈ $199,200

Answer: You will be sell the house for $199,200.

abruzzese [7]2 years ago

5 0

Answer:

$199,200

Step-by-step explanation:

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Step-by-step explanation:

1) <u>The two points are</u>:

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b) On the second swing she only comes 13.5 degrees forward: <em>(2,13.5)</em>

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2 years ago

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2 years ago

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The following are the answer to this question:

Step-by-step explanation:

In the given question the numeric value is missing which is defined in the attached file please fine it.

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$\to f(x) = 0.19\ for \ x=14\\\\\to f(x) = 0.29 \ for\ x=7\\\\\to f(x) = 0.38\ for \ x=1\\\\\to f(x)=0.14 \ for \ x=0\\$

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2 years ago

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suter [353]

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I hope this helps!

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2 years ago

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