Question

Sheryl purchased a plot of land for $32,500. The land appreciates about 4.9% each year. What is the value of the land after eleven years?

Answer 1

final value = A(1+r)^t

where A = initial purchase value, rate = 4.9/100, and t = 11 yrs

Answer 2

@carson still there?

Answer 3

i figured it out shortly after i posted this but thank you for responding so quickly @Vocaloid