Multiple Choice
Some time ago,Julie purchased eleven acres of land costing $36,900.Today,that land is valued at $214,800.How long has she owned this land if the price of the land has been increasing at 6 percent per year?
A) 28.33 years
B) 29.98 years
C) 30.23 years
D) 31.29 years
E) 32.08 years
Correct Answer:
Verified
Correct Answer:
Verified
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