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payshencec21
05.09.2019 •
Business
Ben collins plans to buy a house for $180,000. if the real estate in his area is expected to increase in value by 1 percent each year, what will its approximate value be seven years from now? use exhibit 1-a. (round your fv factor to 3 decimal places and final answer to the nearest whole dollar.)
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Ответ:
The approximate value of the house is 192984
Explanation:
I don't know what you mean by "Use Exhibit 1-A" but you can calculate this as follows
180000 * (1+1%)^7
The general formula of cumulative interest is
A * (1+i)^n
A = Amount
i = interest, in this case 1%
n = number of periods, in this case, 7
Ответ:
B
natural gas
All of the following are considered a renewable resource, except natural gas.
Explanation: Renewable natural resources are resources that can be replaced naturally in our lifetime, and used repeatedly. Examples include fresh water, timber, oxygen, and solar energy.