Lesson 2 Practice Problems 1. In 1990, the value of a home is $170,000. Since then, its value has increased 5% per year. a. What is the approximate value of the home in the year 1993?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Dec 1, 2022 187k views

13 votes

Lesson 2 Practice Problems

1. In 1990, the value of a home is $170,000. Since then, its value has increased 5% per
year.
a. What is the approximate value of the home in the year 1993?

Mathematics
high-school

Binncheol asked

by Binncheol

4.2k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

6 votes

Answer:

$3,400,000

Explanation:

170,000/ 5% for the increase

170,000/ 5% = $3,400,000

Farah Nazifa answered Dec 6, 2022

by Farah Nazifa

4.1k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.6m questions

6.0m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions