Respuesta :
Hello There!
Percentage multipliers can be used.
Multiplier = 100 + 6 = 106 = 1.06
130000 x 1.06^10 = $232810.20
Hope This Helps You!
Good Luck :)
- Hannah ❤
Percentage multipliers can be used.
Multiplier = 100 + 6 = 106 = 1.06
130000 x 1.06^10 = $232810.20
Hope This Helps You!
Good Luck :)
- Hannah ❤
Let P = price of house today or initial amountr = percent it appreciates each year or the growth rateand n = number of years of appreciationthen future price = P*(1+r/100)nor for this particular example of exponential growth$130000*(1.06)10 = $232,810
