Property in Suburbs Closer to the City Is Appreciating About

Multiple Choice

Property in suburbs closer to the city is appreciating about 9% annually.If this trend continues, what will a $46,000 one-acre lot be worth in five years? Give the result to the nearest dollar.

A) $75,098
B) $71,394
C) $70,777
D) $72,011
E) $71,989