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ou have inherited land that was purchased for $30,000 in 1960. The value of the land increased by approximately 5% per year. What is

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ou have inherited land that was purchased for $30,000 in 1960. The value of the land increased by approximately 5% per year. What is the approximate value of the land in the year 2011? For the toolbar press ALT+F10 (PC) or ALT+EN+F10 (Mac).

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