Answered

Andrew buys a house for $65,000, and the value of the house increases at a rate of 2% per year. How much will the house be worth in 8 years? Round to the nearest dollar.

Verified Answer :

Dracula419

I = PRT / 100
I = 6500082 / 100
I = 10400
total money = 10400 + 65000
                     = $75400
                     = $75000(nearest dollar)

casthomas01

Answer:

The answer is 76,158

Step-by-step explanation:

65000*(1+0.02)^(8)

=76157.859765147264

then round to the nearest dollar to get 76,158.

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