Condos in Padre Island increase in value by 7% each year. If the Garza's family's condo is now worth $150,000, what will it be worth in 8 years (Round to the nearest cent) ? TEKS A2.5(B)(D)

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Alfallouji asked Aug 18, 2023

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Condos in Padre Island increase in value by 7% each year. If the Garza's family's condo is now worth

$150,000, what will it be worth in 8 years (Round to the nearest cent) ? TEKS A2.5(B)(D)

Mathematics
high-school

Alfallouji asked Aug 18, 2023

by Alfallouji

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257727 I used this formula y=150000(1+0.07)^8

Carlos Aguilar Mares answered Aug 23, 2023

by Carlos Aguilar Mares

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