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Mathematics 18 Online
OpenStudy (anonymous):

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

OpenStudy (anonymous):

try this 23500 * .019 =

OpenStudy (anonymous):

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

OpenStudy (kymber):

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

OpenStudy (anonymous):

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

OpenStudy (anonymous):

right

OpenStudy (kymber):

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

OpenStudy (anonymous):

i was wrong

OpenStudy (kymber):

D:

OpenStudy (anonymous):

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

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