Suppose a house that costs $270,000 appreciates by 5% each year. In about how many years will the house be worth $350,000? Use

Question

Suppose a house that costs $270,000 appreciates by 5% each year. In about how many years will the house be worth $350,000? Use the equation 350 = (270)(1.05)* and round the value of x to the nearest year.
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Kunduz · Accepted Answer

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