3. It is expected that the home values in San Diego will rise, on average, 3 percent each year. How much is the value of a home in San Diego expected to rise after 20 years?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 68SGR
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3. It is expected that the home values in San Diego will rise, on
average, 3 percent each year. How much is the value of a home in
San Diego expected to rise after 20 years?
Transcribed Image Text:3. It is expected that the home values in San Diego will rise, on average, 3 percent each year. How much is the value of a home in San Diego expected to rise after 20 years?
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