Question

Suppose a house that costs $270,000 appreciates by 5% each year.
In about how many years will the house be worth $350,000? Use the equation 350 = (270)(1.05)x and round the value of x to the nearest year

Answer 1

@huemxnity, is the equation not \(350 = (270)(1.05)^x\)? If that's the case, all you have to do is solve for \(x\).