Suppose an investor buys land in a rural area for $1500 an acre and sells some of it 5
Chapter 5, Problem 51(choose chapter or problem)
Suppose an investor buys land in a rural area for $1500 an acre and sells some of it 5 years later at $3000 an acre and the rest of it 10 years later at $6000. Write a function that models the value of land in that area, assuming the growth rate stays the same. What would the expected cost per acre be 30 years after the initial investment of $1500?
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