Property Value Suppose that the value of a piece of property doubles every 15 years. If

Chapter 4, Problem 33

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Property Value Suppose that the value of a piece of property doubles every 15 years. If you buy the property for $64,000,its value tyears after the date of purchase should be Use the model to approximate the value of the property (a) 5 years and (b) 20 years after it is purchased.

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