question archive Let's suppose that after living in the house for 10 years, you want to sell

Let's suppose that after living in the house for 10 years, you want to sell

Subject:MathPrice: Bought3

Let's suppose that after living in the house for 10 years, you want to sell. The economy experiences ups and downs, but in general the value of real estate increases over time. To calculate the value of an investment such as real estate, we use continuously compounded interest. Find the value of the home 10 years after purchase assuming a continuous interest rate of 4%. Use the full purchase price as the principal. Show your work.

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