What will a $140,000 house cost 7 years from now if the price appreciation for homes over that period averages ​7% compounded​ annually?

The future cost of the house will be $___
(Round to the nearest cent as needed.)

Respuesta :

Answer:

A(6) = 140,000(1.07)^7 = $225,109.55

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Step-by-step explanation:

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