Fred and Wilma purchase a new home for $190,000. The value of the home increases by 4% every 3 years. Determine the value of the home after 21 years. After 21 years, the home is worth $? Round your answer

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asked May 5, 2022 127k views

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Fred and Wilma purchase a new home for $190,000. The value of the home increases by 4% every 3 years.

Determine the value of the home after 21 years.
After 21 years, the home is worth $?
Round your answer to the nearest cent.

Mathematics
high-school

Pavel Linkesch asked

by Pavel Linkesch

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1 Answer

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Answer:

After 21 years the value of the house will be $250900

Yes, it worth

Garvens answered May 8, 2022

by Garvens

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