Raj purchases a new home for $120,000. The value of the home increases by 11% every 3 years. Determine the value of the home after 5 years. After 5 years, the home is worth $ Question Help: Video Submit Question Round your answer to the nearest cent.

Raj purchases a new home for $120,000. The value of the home increases by 11% every 3 years. Determine the value of the home after 5 years. After 5 years, the home is worth $ Question Help: Video Submit Question Round your answer to the nearest cent.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter7: Percents

Section7.1: Percents And Fractions

Problem 2C

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Raj purchases a new home for $120,000. The value of the home increases by 11% every 3 years. Determine
the value of the home after 5 years.
After 5 years, the home is worth $
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