Multiple Choice
Kay purchased some land costing $124,600. Today, that same land is valued at $179,400. How long has she owned this land if the price of land has been increasing at 6% per year?
A) 5.95 years
B) 6.26 years
C) 6.33 years
D) 6.50 years
E) 6.57 years
Correct Answer:
Verified
Correct Answer:
Verified
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