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 $34,000 one-acre lot be worth in five years? Give the result to the nearest dollar.

A) $53,547
B) $52,930
C) $56,634
D) $53,525
E) $52,313