The Parker family bought a house for 270 000 The value of the real estate...

80.2K

Verified Solution

Question

Statistics

image

The Parker family bought a house for 270 000 The value of the real estate in that town will increase by 4 2 each year If values continue at that rate calculate how long it will take until the house is worth 1 000 000 Round your answer to the nearest whole year when the house is worth at least 1 000 000 The house will be worth 1 000 000 after approximately QUESTION 10 You have a 5000 investment that earns 5 5 annual interest Calculate the number years it will take for the investment to quadruple Round your answer to the nearest whole year when the value will be at least quadruple It will take about years years to quadruple the investment

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students