Question 8(Multiple Choice Worth 1 points)
(03.02 MC)
Home values are expected to increase by 5% per year. Hadlee recently purchased a home for $240,000. Which of the following equations can be use
years after the purchase?
Of(x) = 5(0.95)*
Of(x) = 5(1.05)*
Of(x) = 240000(0.95)*
Of(x) = 240000(1.05)*