Ahome has a current market value of $225,000. mls data from the last five years shows that home values have appreciated 6% per year. based on this information, what will be the value of the house 5 years from now assuming compound appreciation?

THe value after 5 years will be $301100.755

Step-by-step explanation:

Each year the houses appreciates a 6%; as a result, the price of the house is multiplied by 1.06 for each passing year. If 5 years passed, then the price would multiply for 1.06 a total of 5 times, hence it will be multiplied by 1.06⁵.

The value of the house after 5 years will be

225000*1.06⁵ = $301100.755

the equation cos(35) =a/25 can be used to find the length of bc what is the length of bc? round to the nearest tenth

step-by-step explanation:

rick has $1400 and sally has $1500

step-by-step explanation:

to find amount of money rick has after 10 years :

principal = $1000 , time = 10 years , rate = 4% annually

to find amount of money sally has after 10 years :

her friend gives to pay her $50 per year, therefore money she has after 10 years = 50 × 10 = $500

also, sally gets $1000 after 10 years,

therefore, total amount of money sally has after 10 years = 500 + 1000 = $1500

so, after 10 years : rick has $1400 and sally has $1500