Suppose a house that costs $270,000 appreciates by 5% each year. In about how many years will the house be worth $350,000? Use the equation 350 = (270) (1.05) x and round the value of x to the nearest year.
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Home » Mathematics » Suppose a house that costs $270,000 appreciates by 5% each year. In about how many years will the house be worth $350,000? Use the equation 350 = (270) (1.05) x and round the value of x to the nearest year.