A house that 20 years ago was worth $160,000 has increased in value by 4% each year

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A house that 20 years ago was worth $160,000 has increased in value by 4% each year because of inflation. What is its worth today?

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Mathematical Applications For The Management, Life And Social Sciences

ISBN: 9781337625340

12th Edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Oct 21, 2020 04:16 AM

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A house that 20 years ago was worth $160,000 has increased in value by 4% each year

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Mathematical Applications For The Management, Life And Social Sciences

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