MATH

posted by .

A piece of property increased in value by 14% in one year and by 10% in the next year. What was the percent of increase over two years?

  • MATH -

    Let x = original value.

    x + .14x + .1(1.14x) = ?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Financial Management

    Proctor Micro-Computers, Inc. requires $1,200,000 in financing over the next two years. The firm can borrow the funds for two years at 9.5 percent interest per year. Mr. Procter decides to do economic forecasting and determines that …
  2. Finance

    Simtek currently pays a $2.50 dividend (D0) per share. Next year’s dividend is expected to be $3 per share. Aft er next year, dividends are expected to increase at a 9 percent annual rate for three years and a 6 percent annual rate …
  3. math

    Assume that you start with $900 per month healthcare increase and add five percent(5%) per year for the two (2) remaining years of a three year contract. Show the cash value and roll-up value of the increase
  4. Math

    Because of a recession, the value of a new house depreciated 10% each year for 3 yr in a row. Then, for the next 3 yr, the value of the house increased 10% each year. Did the value of the house increase or decrease after 6 yr?
  5. exp of math

    sales of frozen pizza for a club fundraiser increased from 500 one year to 520 the next year. what is the percent increase
  6. Math130

    Because of a recession, the value of a new house depreciated 10% each year for three years in a row. Then, for the next three years, the value of the house increased 10% each year. Did the value of the house increase, decrease, or …
  7. MA112 HELP PLEASE

    Because of a recession, the value of a new house depreciated 10% each year for three years in a row. Then, for the next three years, the value of the house increased 10% each year. Did the value of the house increase, decrease, or …
  8. FINANCE

    8. Suppose that the current one-year rate (one-year spot rate) and expected one-year T-bill rates over the following three years (i.e., years 2, 3, and 4, respectively) are as follows: 1R1 = 5 percent, E(2r1) = 6 percent, E(3r1) = …
  9. algebra

    Sales of frozen pizza for a club fund-raiser increased from 500 one year to 730 the next year. What was the percent of increase?
  10. Social Studies

    To accommodate the rapid human population growth, the water supply should increase by a. 5 percent each year over a 15-year period. b. 20 percent over a 15-year period.*** c. 50 percent over a 10-year period. d. 10 percent each year …

More Similar Questions