1 The price of a plot increases at a constant rate of 5% every year. Find its expected price after 3 years if
the present price is 2,00,000.
please tell me in process
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Answered by
3
Answer:
2,31,525
Step-by-step explanation:
1 st year: 5 % increase
(105/100)*200000=2,10,000
2 nd year: 5% increase
(105/100)*210000=2,20,500
3 rd year: 5% increase
(105/100)*220500=2,31,525.
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Answer:
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