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STATE -The Martins bought a condominium for $145,000. Assuming
that the value of the condo will appreciate at most 5% a year, how much
will the condo be worth in 5 years?

Respuesta :

Answer:181,250

Step-by-step explanation:

Basically, the cost would go up 5 percent, and you’re asking how much it would go up in 5 years. So 5x5=25, so you’d multiply 145,000 by 25%, which is 36,250. So, you’d add that to 145,000 which would get you 181,250.

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