Property in Suburbs Closer to the City Is Appreciating About

question 18

Multiple Choice

Property in suburbs closer to the city is appreciating about 7.5% annually.If this trend continues, what will a $36,000 one-acre lot be worth in five years? Give the result to the nearest dollar.

• A)$56,004
• B)$52,917
• C)$51,683
• D)$52,300
• E)$52,895

---

Definitions:

Nonverbal Communication

The transfer of information through non-linguistic signs, such as facial expressions, gestures, and body language, as opposed to verbal communication.

Low Context

Communication style in which messages are explicit and specific, not relying heavily on the context or non-verbal cues to convey meaning.

Statutory Law

Legally enacted; deriving authority from law.