Mr. and Ms.Boyce bought a house for 96,000 in 1995. Real estate values in their area increase approximately 4% each year. What was the value of the house in the year 2000? Round to the nearest dollars.

PREALGEBRA
15th Edition
ISBN:9781938168994
Author:OpenStax
Publisher:OpenStax
Chapter5: Decimals
Section5.6: Ratios And Rate
Problem 482E: The average American produces about 1,600 pounds of paper trash per year (365 days). How many pounds...
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Mr. and Ms.Boyce bought a house for 96,000 in 1995. Real estate values in their area increase approximately 4% each year. What was the value of the house in the year 2000? Round to the nearest dollars.

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