Real Estate Investments Math — Flashcards | Real Estate Basics | FatSkills

Real Estate Investments Math — Flashcards

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Roger's home originally cost him $165,000. For the first six years he lived there, his house grew in value at a rate of 1.6% per year. After that, his property value increased by 3.9% per year for the next eight years. To the nearest hundred dollars, how much had Roger's home increased in value after fourteen years?
$81,500
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