Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. what will a 120 000 house cost 5 years from now if

What will a 120 000 house cost 5 years from now if the price appreciation...

60.1K

Verified Solution

Question

Algebra

image

What will a 120 000 house cost 5 years from now if the price appreciation for homes over that period averages 6 compounded annually The future cost of the house will be Do not round until the final answer Then round to the nearest cent as needed

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

Geometry
1.2K views

Classic Probability What is the approximate Probability of drawing a Red Face Card from a...

Basic Math
1.2K views

A person wants to invest $10,000 into stocks: a high tech company (T) with an expected...

Finance
1.2K views

A project has an initial cost of $42,450, expected net cash inflows of $12,000 per year...

Geometry
1.2K views

Use the law of sines to find each measurement indicated Round your answers to the...

Algebra
1.2K views

A 6 1 5 3 2 8 2 1 7 4 6 7 7 6...

Accounting
1.2K views

On August 1, 20Y9, Brooke Kline established Western Realty. Brooke completed the following...

Accounting
1.2K views

For the past several years, Johnson has operated a part-time consulting business from his home....

Accounting
1.2K views

A segment of a company reports the following loss for the year. All $185,500 of...

Accounting
1.2K views

Problem 3-9A Adjusting entries (annual) LO4 Rainmaker Environmental Consultants is just finishing its second year...

Accounting
1.2K views

Jackson Moving & Storage Co. paid $160,000 for 25% of the common stock of Sellers...

Accounting
1.2K views

Andretti Company has a single product called a Dak. The company normally produces and sells...

Accounting
1.2K views

There are 80 units of the item in the physical inventory at December 31. The...