Question: please help with these! 0 Question 8 v A house was valued at $110,000 in the year 1994. The value appreciated to $165,000 by the

please help with these!

please help with these! 0 Question 8 v A house was valuedat $110,000 in the year 1994. The value appreciated to $165,000 by

0 Question 8 v A house was valued at $110,000 in the year 1994. The value appreciated to $165,000 by the year 2003. A) What was the annual growth rate between 1994 and 2003? 'r = C] Round the growth rate to 4 decimal places. B) What is the correct answer to part A written in percentage form? C) Assume that the house value continues to grow by the same percentage. What will the value equal in the year 2008 ? value = 55 C] Round to the nearest thousand dollars. 0 Question 9 v If 5000 dollars is invested in a bank account at an interest rate of 10 per cent per year, Find the amount in the bank after 7 years if interest is compounded annually: Find the amount in the bank after 7 years if interest is compounded quarterly: Find the amount in the bank after 7 years if interest is compounded monthly: Finally, find the amount in the bank after 7 years if interest is compounded continuously

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!