Multiple Choice
Property in suburbs closer to the city is appreciating about 7.5% annually.If this trend continues, what will a $40,000 one-acre lot be worth in five years? Give the result to the nearest dollar.
A) $58,659
B) $58,637
C) $57,425
D) $61,746
E) $58,042
Correct Answer:
Verified
Correct Answer:
Verified
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