Hi there, can someone please assist me with the following question? Thanks a lots An item's value has increased to $1,670 . The annual value increase had been about 6.5% and will most likely stay in that way for the near future.
How much additional value is expected for the item if the owner waits 4 years to sell instead of selling 2 years from now?
MC Options:
$208.04
$196.67
$280.15
$241.79
$254.24