The Miller’s house is valued at $80,000. Suppose that the value increases by 5 percent each year. How much will the house be worth in thirty years? In n years?
(Source: Adapted from Mathematics Teaching in the Middle School, Mar-Apr 1997)
How much will the Miller’s house be worth thirty years?
The Miller’s house is valued at $80,000. Suppose that the value increases by 5 percent each year. How much will the house be worth in thirty years? In n years?
(Source: Adapted from Mathematics Teaching in the Middle School, Mar-Apr 1997)