Assume that a piece of land is currently value at $50,000.If this piece of land is expected to appreciate at an annual rate of 5% per year for the next 20 years,how much will the land be worth 20 years from now?
A)$100,898.99
B)$112,633.09
C)$123,860.81
D)$132,664.89

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The Answer of Assume that a piece of land is currently value at $50,000.If this piece of land is expected to appreciate at an annual rate of 5% per year for the next 20 years,how much will the land be worth 20 years from now?
A)$100,898.99
B)$112,633.09
C)$123,860.81
D)$132,664.89

Assume That a Piece of Land Is Currently Value at $50,000.If