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OpenStudy (anonymous):
HELP... AGAIN!!!!! Edgar purchased a home for $182,100. The home appreciates about 3.5% each year. What is the value of the home after 12 years?
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jimthompson5910 (jim_thompson5910):
use A = P(1+r)^t
jimthompson5910 (jim_thompson5910):
P = initial value r = growth rate t = time in years
OpenStudy (anonymous):
275,165.60 BOOM!
jimthompson5910 (jim_thompson5910):
good
OpenStudy (anonymous):
On to the next one haha, and thanks for the medal haha
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jimthompson5910 (jim_thompson5910):
yw and you deserved it
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