Question 1061167

an apartment is purchased for 200,000 and is expected to double in value every 9 years. find its appreciation question. what will be expected value in 6 years?
<pre>Appreciation rate: {{{highlight_green(matrix(1, 3, matrix(2,1, " ", 2^(1/9)), or, 1.080059739))}}}
Expected value in 6 years: {{{highlight_green("$317,480.21"))}}}