Posted by **Fernando** on Friday, September 21, 2012 at 11:32pm.

In a suburb, housing costs have been increasing at 5.2% per year compounded annually for the past 8 years. A house worth $260,000 now would have had what value 8 years ago?

## Answer This Question

## Related Questions

- math - Rental cost for offices spaces have been going up at 6.2% per year ...
- Algebra I - ...excess information.... The historical society tells him that ...
- time value - For the last 19 years, Mary has been depositing $500 in her savings...
- Math (Asap) - 1. A 3,500.00 principal earns 3% interest, compounded semi ...
- Math - A firm is evaluating two machines. The first costs $250,000 and will ...
- Math, accounting, investments - A firm is evaluating two machines. The first ...
- Finances and Math - Can someone please help me solve these problems or help me ...
- Math - A boat costs $92,000 and depreciates in value by 15% per year. How much ...
- finances - Calculate the future value of the following: o $5,000 compounded ...
- math - Twenty years ago Gabe invested $2,000. For the first ten years he earned ...

More Related Questions