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16 February, 06:45

The Jones family bought a house for $220,000. The value of the real estate in that town will increase by 2.5% for the next 20 years. What will the value of the house be after 8 years?

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  1. 16 February, 10:16
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    =$222,200

    Step-by-step explanation:

    2.5%=20yrs

    ? = 8

    =1%

    $22000=100%

    ?=101%

    =$222,200
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