In a given area, the sales price of new single-family homes rose by 4.1% per year since 1992.?
If a house has been bought in this area in 1992 for $ 75,000 and the growth continues, what will the selling price or 2006? = And the use? (1 + r) ^ t and back to the penny closer. Help please! Step by step
Y = A * (1 + r) t ^ y = 75.000 $ * (1 + .041) ^ (2006-1992) y = $ 131,635.03
Single Family homes for sale in Chesterton, Indiana