Property Values in the Suburbs Have Been Appreciating About 11

question 288

Multiple Choice

Property values in the suburbs have been appreciating about 11% annually.If this trend continues, what will a $180,000 home be worth in four years? Give the result to the nearest dollar.

• A)$549,927
• B)$273,253
• C)$276,674
• D)$274,487
• E)$274,253

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Definitions:

Gestation

The period of development from the time of fertilization until birth in organisms that undergo embryonic and fetal development, notably humans.

Adoption Agency

An organization that facilitates placing children into adoptive families, ensuring the welfare of the child and assisting in the legal and logistical processes involved.

Average Gestation

The typical duration of pregnancy, measured from the first day of the woman's last menstrual period until the birth of the baby, usually around 40 weeks in humans.

Oocytes

Immature eggs in the ovaries that can develop into mature eggs during ovulation.