If the inflation rate is 4%, how much will a house now worth $187,000 be worth in 23 years?

asked Sep 13, 2022 188k views

1 vote

4.4k points

Please log in or register to add a comment.

2 votes

Answer:

$172040

Explanation:

187,000 (0.04) = $7480

23(7480) = $172040.

-----------------OR-----------------

187,000 x 0.04 x 23 = $172040

Joslarson answered Sep 18, 2022

3.6k points

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

4.6m questions

5.9m answers