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fred and wilma purchase a new home for 150,000. The vaule of the home increases by 4% every 3 years. Determine the value of the home after 20 years​

Respuesta :

kmosorio

Answer:

$186,000

Step-by-step explanation:

First find the 4% of 150,000

150,000 X 4/100= 6,000

20 years divided by 3= 6.6 so lets just take the 6 even .

6 X 6,000= 36,000 Total interest for those 20 years

150,000+ 36,000= $ 186,000

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