Property in suburbs closer to the city is appreciating about 7.5% annually.If this trend continues, what will a $40,000 one-acre lot be worth in five years? Give the result to the nearest dollar.
A)$58,659
B)$58,637
C)$57,425
D)$61,746
E)$58,042

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The Answer of Property in suburbs closer to the city is appreciating about 7.5% annually.If this trend continues, what will a $40,000 one-acre lot be worth in five years? Give the result to the nearest dollar.
A)$58,659
B)$58,637
C)$57,425
D)$61,746
E)$58,042

Property in Suburbs Closer to the City Is Appreciating About