In a fast growing suburban city, housing cost been increasing at compounded annually for the past 5 years. A housing unit worth P2,650,000 now. How much that unit cost 5 years ago? has 6.5% per year
General Instructions: 1. Use comma for separating number places such as 12,000 and 1,200. 2. Answers should be rounded in hundredths place and in numeric form. However, this case should not be followed when writing rates. 2. 3. To write rates, round the answer in ten thousandths place and convert it to percent. For example, 1.11%, 11.11%, and 0.11%. 3. If the hundredths place is O when rounded or not, still put O. For example, 1,111.10, 1,212.20, 10.10%, and 12.20%. As for the units place, write 0 in the beginning. For example, 0.11% , 0.12%, and 0.10%. 4. No need to indicate the unit of measurement such as years and 4. 5. pesos.
Please answer the following problems. And use a notebloc for a better picture. Thank you.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
