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The Greens bought a condo for $110,000 in 2005. If its value appreciates at 6%
per year, what will the value be in 2012?


Sagot :

Answer:

Use the A = p(1 + r/100)^t.  A is the amount after appreciation, p is the principal or starting value, r is the interest rate, and t is the time in years.

Step-by-step explanation: