Sheila purchased a plot of land for $23,500. The land appreciates about 1.9% each year. What is the value of the land after seven years?

$20,547.12

$23,761.70

$26,625.50

$26,809.40

Question

Sheila purchased a plot of land for $23,500. The land appreciates about 1.9% each year. What is the value of the land after seven years? 

 $20,547.12 

 $23,761.70 

 $26,625.50 

 $26,809.40

anonymous · Answer

try this
23500 * .019 =

anonymous · Answer

let me know what you get and I will show you the next step

kymber · Answer

23500 * .019 would be how much per year.. so then that multiplied by seven, then added back to the original.

anonymous · Answer

I think I got it. 26,625.50 is the final answer?

anonymous · Answer

right

kymber · Answer

Yep, that's what I got $\large\ddot\smile$

anonymous · Answer

i was wrong

kymber · Answer

D:

anonymous · Answer

To anyone who needs this answer, it's 26,809.40 (: