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  • 22-03-2021
  • Mathematics
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A house was bought for £1000000
It’s value appreciates by 7.5% each year for the first three years, what was its value at the end of the three years

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Crxxom Crxxom
  • 22-03-2021

Answer:

1240000 (3 sig. fig.)

Step-by-step explanation:

1000000x(1.075)^3 ~= 1242296.875 = 1240000 (3 sig. fig.)

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