SOLUTION: In 1867,the USA purchased the territory of Alaska from the Russian Empire.Its 586,412 square miles cost $7.2 million.The USA paid roughly two cents per acre of land.Assume that the
Question 928805: In 1867,the USA purchased the territory of Alaska from the Russian Empire.Its 586,412 square miles cost $7.2 million.The USA paid roughly two cents per acre of land.Assume that the price of land in Alaska has increased in value by 5% a year since purchase.Write an equation that represents the price per acre in the year n. Answer by ewatrrr(24785) (Show Source):
