anonymous
  • anonymous
A house cost $120,000 when it was purchased. The value of the house increases by 10% each year. Find the rate of growth each month and select the correct answer below.
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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jamiebookeater
  • jamiebookeater
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OregonDuck
  • OregonDuck
0.00797%
OregonDuck
  • OregonDuck
is the answer. medal plz
anonymous
  • anonymous
How do you know? Can you show your work and I will medal/fan

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More answers

welshfella
  • welshfella
@OregonDuck please don't just give the answer. Explanations are what really helps the questioner.
OregonDuck
  • OregonDuck
ok sorry :( @welshfella
anonymous
  • anonymous
:) Alright, what do I do?
anonymous
  • anonymous
anyone? How did you get your answer @OregonDuck
OregonDuck
  • OregonDuck
take 10% and divide it by 12
anonymous
  • anonymous
0.00833333333
welshfella
  • welshfella
it all depends if the interested is compounded each month If its not compounded then 0.00833 is the answer . If it is compounded its 0.00797
anonymous
  • anonymous
It doesn't say compounded, so I'm assuming it's not.
welshfella
  • welshfella
* growth not interest
anonymous
  • anonymous
Ok, so 0regon was right? :)
welshfella
  • welshfella
yes i on balance i would take his answer.
anonymous
  • anonymous
Yay! Can I ask another?
welshfella
  • welshfella
you can but i have to go
anonymous
  • anonymous
ok. Solve 4^(2x) = 7^(x−1).
OregonDuck
  • OregonDuck
thxs for the medal
OregonDuck
  • OregonDuck
try this type the equation at the bottom of the page: http://www.algebrahelp.com/calculators/equation/calc.do?equation=x+%2B+3+%2B+x+%2B+4+%3D+x+%2B+7+%2B+2x+%2B+7

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